The resolutions of Shareholders' AGM No.1/2005(Edit Version)

No. EGCO 110/176 Date : April 25, 2005 Attn : President of the Stock Exchange of Thailand Subject: The resolutions of Shareholders' Annual General Meeting No.1/2005 (Edit Version) Electricity Generating Public Company Limited (EGCOMP) would like to inform the Stock Exchange of Thailand (SET) that the Shareholders' Annual General Meeting No.1/2005 held on April 25,2005 passed the following resolutions: 1. Approved the Minutes of the Shareholders' Annual General Meeting No.1/2004 held on April 26, 2004. 2. Approved the Board of Directors' Annual Report for the year 2004 and acknowledged the interim dividend payment for the first half-year operation of the year 2004 at Baht 1.50 per share on September 22, 2004. 3. Approved the Balance Sheet and Statement of Income as at December 31, 2004. 4. Approved the appropriation of net profit for the year 2004 as the dividend payment for the second half-year operation at Baht 1.50 per share on May 12, 2005, amounting to Baht 787,746,300. 5. Appointed Mr.Prasarn Chuaphanich CPA#3051, Mr.Suchart Luengsuraswat CPA#2807 and Mr.Prasit Yuengsrikul CPA#4174 of Pricewaterhouse Coopers ABAS, Limited as the Company's auditors and determine the audit fee for year 2005 at not exceeding Baht 1,864,880 with the out-of-pocket expenses for audit in Thailand at not exceeding Baht 80,000. as well as the auditors' traveling expenses in the countries where the Company invests. The Board of Directors was authorized to approve the alternate certified public accountant of PricewaterhouseCoopers ABAS Limited as well as to approve the quarterly review fee of new subsidiary,associated and joint venture companies. 6. Re-elected Mr.Sommai Phasee and Mr.Chaipat Sahasakul as Independent Directors,and Mr.Richard McIndoe, Mr.Michael Irl Nikkel and Mr.Peter Albert Littlewood as EGCOMP Directors for another term. 7. Approved the Board of Directors' remuneration for the year 2005 and bonus for the year 2004 as follows: 1. Baht 30,000 monthly retainer fee and Baht 10,000 meeting allowance. The Chairman of the Board shall receive 25% additional remuneration both in retainer fee and meeting allowance. Any absent director shall not receive the meeting allowance. 2. Bonus amount of Baht 12 million which will be appropriated at the Board's discretion. 3. Remuneration of the Board Committees as determined by the Board of Directors to correspond with the duties and liabilities of each committee. The Minutes of Shareholders' Annual General Meeting No.1/2005 will be reported to the SET by May 9, 2005. Moreover, the Board of Directors in the meeting No. 3/2005 on April 25, 2005 approved the appointment of the Committee Members as follows: 1. Mr.Chaipat Sahasakul as Chairman of the Audit Committee. 2. Mr.Sommai Phasee and Mr.Michael Irl Nikkel as Members of the Executive Committee. 3. Mr.Sommai Phasee and Mr.Richard McIndoe as Members of the Nomination and Remuneration Committee. Yours sincerely, Chalermchai Ratnarak President Corporate Secretary Division Tel. 0 2998 5020 - 7