Resolutions of AGM 1/2007

No. EGCO 110/236 Date : April 23, 2007 Attn : President of the Stock Exchange of Thailand Subject: The resolutions of Shareholders Annual General Meeting No.1/2007 Electricity Generating Public Company Limited (EGCOMP) would like to report that the Shareholders Annual General Meeting No. 1/2007 held on April 23, 2007 at 2.30 p.m. at the Sai Samphan Auditorium, Floor 9, EGCO Tower, 222 Moo 5, Vibhavadi Rangsit Road, Tungsonghong, Laksi, Bangkok, passed the following resolutions: 1.Approved with the majority of votes the Minutes of the Shareholders Extraordinary General Meeting No.1/2006 held on December 1, 2006. The numbers of voting shares were 406,074,072 in favor and none against with the abstaining votes of 14,378,357 shares representing 96.58%, 0% and 3.42% of the total voting shares, respectively. 2.Acknowledged with the majority of votes the Company Annual Report for the year 2006 and the interim dividend payment. The numbers of voting shares were 408,533,690 in favor and none against with the abstaining votes of 14,378,357 shares representing 96.60%, 0% and 3.40% of the total voting shares, respectively. 3.Approved with the majority of votes the Balance Sheets and Statements of Income as at December 31, 2006. The numbers of voting shares were 408,533,690 in favor and none against with the abstaining votes of 14,378,357 shares representing 96.60%, 0% and 3.40% of the total voting shares, respectively. 4.Approved with the majority of votes the appropriation of net profit for the year 2006 for the final dividend payment from the second half-year operation of the year 2006 at 2.00 baht per share on May 8, 2006, amounting to 1,052,930,000 baht. The numbers of voting shares were 409,118,595 in favor and none against with the abstaining votes of 13,793,452 shares representing 96.74%, 0% and 3.26% of the total voting shares, respectively. 5.Appointed with the majority of votes the auditors being Mr. Suchart Luengsuraswat CPA#2807, Mrs. Nattaporn Pan-Udom, CPA#3430 and Mr. Kajornkiat A-roonpairotekul, CPA# 3445 of PricewaterhouseCoopers ABAS Limited with the remuneration of not exceeding 2,257,700 baht with the out-of-pocket expenses for audit in Thailand at not exceeding 89,600 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. The numbers of voting shares were 402,932,190 in favor and 5,601,500 against with the abstaining votes of 14,378,357 shares representing 95.28%, 1.33% and 3.40% of the total voting shares, respectively. 6.Re-elected the retiring directors for another term with number of the votes in favor exceeding four-fifths of the total shares attending the Meeting and having the rights to vote as follows. 1. Re-elect Mr. Worawit Khamkanist as an Independent Director The numbers of voting shares were 408,345,340 in favor and 22,000 against with the abstaining votes of 14,544,707 shares representing 96.56%, 0.01% and 3.44% of the total voting shares, respectively. 2. Re-elect Mr. Chamnong Wongsawarng as a director The numbers of voting shares were 407,836,990 in favor and 165,400 against with the abstaining votes of 14,909,657 shares representing 96.44%, 0.04% and 3.53% of the total voting shares, respectively. 3. Re-elect Mr. Sombat Sarntijaree as a director (The numbers of voting shares were 408,371,340 in favor and 1,000 against with the abstaining votes of 14,539,707 shares representing 96.56%, 0% and 3.44% of the total voting shares, respectively.) 4. Re-elect Mr. Hideaki Tomoku as a director The numbers of voting shares were 408,520,930 in favor and 2,710 against with the abstaining votes of 14,388,407 shares representing 96.59%, 0.00% and 3.40% of the total voting shares, respectively. 5. Re-elect Mr. Visit Akaravinak as a director The numbers of voting shares were 407,845,080 in favor and 166,400 against with the abstaining votes of 14,900,567 shares representing 96.44%, 0.04% and 3.52% of the total voting shares, respectively. 7. Approved the increase in number of independent directors and the election of a new independent director with the number of the votes in favor exceeding four-fifths of the total shares attending the Meeting and having the rights to vote as follows. 7.1 Approved the increase in number of independent directors by one The numbers of voting shares were 408,539,180 in favor and 1,410 against with the abstaining votes of 14,379,657 shares representing 96.6%, 0% and 3.40% of the total voting shares, respectively. 7.2 Elected Mr. Thanapich Mulapruk as a new independent director The numbers of voting shares were 408,385,480 in favor and 1,410 against with the abstaining votes of 14,533,357 shares representing 96.56%, 0% and 3.44% of the total voting shares, respectively. 8.Approved with the majority of votes the Board of Directors remuneration for year 2007 and bonus for the year 2006 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 17 million baht to be appropriated at the Board 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 numbers of voting shares were 408,184,090 in favor and 0 against with the abstaining votes of 14,736,157 shares representing 96.52%, 0% and 3.49% of the total voting shares, respectively. 9.Other Business None The Minutes of Shareholders Annual General Meeting No. 1/2007, which will be submitted for approval at the next shareholders meeting, will be reported to the SET by May 7, 2007. Yours sincerely, Visit Akaravinak President Corporate Secretary Division Tel. 0 2998 5020 - 24