Resolutions of AGM No.1/2006

No. EGCO 110/171 Date : April 25, 2006 Attn : President of the Stock Exchange of Thailand Subject: The resolutions of Shareholders' Annual General Meeting No.1/2006 Electricity Generating Public Company Limited (EGCOMP) would like to inform the Stock Exchange of Thailand (SET) that the Shareholders' Annual General Meeting No. 1/2006 held on April 24, 2006 passed the following resolutions: 1.Approved the Minutes of the Shareholders' Annual General Meeting No.1/2005 held on April 25, 2005. 2.Acknowledged the Company's Annual Report for the year 2005 and acknowledged the previous payment of interim dividend for the first half-year operation of the year 2005 at 1.50 baht per share on September 20, 2005. 3.Approved the Balance Sheet and Statement of Income as at December 31, 2005. 4.Approved the appropriation of net profit for the year 2005 for the final dividend payment from the second half-year operation of the year 2005 at 1.75 baht per share on May 10, 2006, amounting to 921 million baht. 5.Appointed the auditors being Mr. Suchart Luengsuraswat CPA#2807, Mrs.Nataporn Pan-udom, CPA#3430 and Mr. Kajornkiat A-roonpairotekul, CPA# 3445 of Pricewaterhouse Coopers ABAS, Ltd. with the remuneration of not exceeding 2,014,000 baht with the out-of-pocket expenses for audit in Thailand at not exceeding 80,000 baht. The Company would also be responsible for the auditors' traveling expenses in the countries where the Company invests as deemed appropriate. The Board of Directors was authorized to approve the alternate certified public accountant with PricewaterhouseCoopers ABAS,Limited as well as to approve the quarterly review fee of new subsidiary,associated and joint venture companies.6.Re-elected Mr.Aswin Kongsiri as Independent Director and Mr. Norkun Sitthiphong as EGCOMP Director for another term as well as elected Mr. Paiboon Thepmongkol as EGCOMP new Director to succeed Mr. Chai-Anan Samudavanija. 7.Approved the Board of Directors' remuneration for year 2006 and bonus for the year 2005 as follows: 1. 30,000 baht monthly retainer with 10,000 baht for attending each Board meeting. The Chairman of the Board shall receive 25% additional remuneration both in retainer and meeting allowance. Any absent directors shall not receive the meeting allowance. 2. The bonus amount at 13 million baht to be appropriated at the Board's discretion. 3. Remuneration of the Board's Committees namely the Audit Committee, the Nomination and Remuneration Committee and the Executive Committee as determined by the Board of Directors to correspond with the duties and liabilities of each committee. 8.Approved the issuance and offering for sale to investors of the Company's debentures subject to the following terms and conditions: Type of debentures : All type of debentures, depending upon market conditions at the time of each issuance and offering of the debentures. Amount and Currency : In an aggregate amount not exceeding 20,000 million baht and/or equivalent in other currencies. Offering : To be offered domestically and/or internationally to the public, and/or institutional investors, and/or specific investors according to the relevant regulations in effect during the time of the offering, in whole or in part, and may be single or multiple offerings. Interest Rate : Depending upon market conditions at the time of each issuance and offering of the debentures. Maturity : Not exceeding 30 years from the issuing date OR Depending upon market conditions at the time of each issuance and offering of the debentures. Authorization : The issuance and the offering of debentures, category, name, offering amount, face value, offering price per unit, term of issuance and offering, allocation procedures, offering method, interest rate, term, redemption period, and other details relating to the issuance and the offering or redemption of debentures shall be within the power of the Board to further determine or amend depending upon market and financial conditions at the time of the issuance and offering of the debentures. The Minutes of Shareholders' Annual General Meeting No. 1/2006, which will be submitted for approval at the next shareholders' meeting, will be reported to the SET by May 8, 2006. Yours sincerely, Visit Akaravinak President Corporate Secretary Division Tel. 0 2998 5020 - 24