Appointment of Committee Member and Change in Accounting

No. EGCO 110/238 Date : April 24, 2007 Attn: President of the Stock Exchange of Thailand Subject: Appointment of President, Committee Member, and the Change in Accounting Policy Electricity Generating Public Company Limited (EGCOMP) would like to report that the Board of Directors in the Meeting No. 4/2007 held on April 23, 2007 approved the following: Appointment of President and Committee Members 1.Appointed Mr. Visit Akaravinak who was re-elected by the shareholders in the Annual General Meeting no. 1/2007 held on April 23, 2007 to resume his position as the President with effect on April 23, 2007. 2.Appointed the committee members with effect on April 23, 2007 as follows. * Appointed Mr. Chaipat Sahasakul whose term as the Audit Committee expired to be the Audit Committee Chairman for another term; * Appointed Mr. Worawit Khamkanist, independent director who was re-elected by the shareholders in the Annual General Meeting no. 1/2007 held on April 23, 2007 to be the Audit Committee member to succeed Mr. Charoen Prajumtan; * Appointed Mr. Charoen Prajumtan, independent director, to be the Nomination and Remuneration Committee member. The list of directors as at April 23, 2007 is as follows. Name Position Starting Date 1. Mr. Pornchai Rujiprapa Chairman November 27, 2006 2. Mr. Chaipat Sahasakul Audit Committee Chairman April 25, 2005 3. Mr. Worawit Khamkanist Audit Committee Member April 23, 2007 4. Mrs. Wattanee Phanachet Audit Committee Member December 1, 2006 5. Mr. Aswin Kongsiri Independent Director April 24, 2006 6. Mr. Chareon Prajumtan Independent Director June 26, 2006 7. Mr. Thanapich Mulapruk Independent Director April 23, 2007 8. Mr. Sanit Rangnoi Director November 27, 2006 9. Mr. Chamnong Wongsawarng Director April 23, 2007 10. Mr. Sombat Sarntijaree Director April 23, 2007 11. Mr. Peter Albert Littlewood Director April 25, 2005 12. Mr. Richard McIndoe Director April 25, 2005 13. Mr. Hideaki Tomiku Director April 23, 2007 14. Mr. Mark Takahashi Director October 30. 2006 15. Mr. Visit Akaravinak Director and President April 23, 2007 *Change in Accounting Policy The Board approved the change in accounting policy from the equity method of accounting to cost method of accounting for the investment in subsidiaries, joint ventures and associates presented in the separated financial statements to comply with the Thai Accounting Standard (TAS) 44 Consolidated financial statements and accounting for investment in subsidiaries and TAS 45 Accounting for investments in Associates. This was in accordance with the notification of the Federation of Accounting Professions no. 26/2006 dated October 11, 2006 and No. 32/2006 dated November 3, 2006 of which the mandatory was from January 1, 2007. Yours sincerely, John M. Palumbo SEVP-Business Development Corporate Secretary Division Tel. 0 2998 5020 - 24