Names of Members&Scope of Performance of the Audit Committee

F 24-3 Form for Report on Names of Members and Scope of Performance of the Audit Committee The Board of Directors meeting of Electricity Generating Public company Limited. (EGCO) Company No. 5/2004 held on June 28, 2004 passed resolutions appointing and reviewing scope of duties and responsibilities : 1. Mr. Chaipat Sahasakul - Chairman of the Audit Committee. 2. Mr. Charu-Udom Ruangsuvan - Member of the Audit Committee. 3. Mr. Worawit Khamkanist - Member of the Audit Committee. therefore, at July 1, 2004 1. Names of members of the Audit Committee are as follows : Remaining terms of holding office Chairman of the Audit Committee Mr. Chaipat Sahasakul 2 years 10 months Member of the Audit Committee Mr. Charu-Udom Ruangsuvan 2 years 10 months Member of the Audit Committee Mr. Worawit Khamkanist 2 years 10 months 2. Secretary to the Audit Committee Ms. Jutatip Mahavera SVP Internal Audit 3. The Audit Committee of the Company has the scope of duties and responsibilities, and shall report to the board of directors on: 1. Review the accuracy and adequacy of EGCO's financial reporting. 2. Review the appropriateness and effectiveness of internal control systems and internal audit functions. 3. Monitor EGCO's compliance with Securities and Exchange Acts and Regulations of the SET, and any other laws relevant to EGCO's business. 4. Recommend the Board of Directors the external auditing firm as well as the audit fees for appointment by the shareholders to audit EGCO's financial statements. 5. Consider the accuracy and adequacy of EGCO's disclosure on related-party transactions or any transactions that may cause conflict of interest. 6. Review the Internal Audit Charter prior to submit to the Board of Directors for approval. 7. Approve the internal audit plan as well as budget and personnel. 8. Review the internal audit function, including: independence of internal audit division and reporting obligation. 9. Approve the appointment, rotation, removal and performance appraisal of the Chief Internal Audit 10.Review or modify code of conduct prior to submission to the Board of Directors for consideration. 11.Review with Management the methodology to encourage compliance with EGCO's code of conduct. 12.Review with Management the preparation of Management's Discussion and Analysis or MD&A and its disclosure on Annual Report. 13.Review with Management the financial management and risk management. 14.Prepare a report that describes the Audit Committee's activities and responsibilities. This report shall be signed by the Chairman of the Audit Committee and published in the annual report to the shareholders. 15.Direct and supervise an investigation into any matter as deemed necessary to accomplish the Committee's responsibility 16.Review the Audit Committee Charter at least annually. 17.Report to the Board of Directors for corrective actions within the time deemed appropriate in case there are suspiciousness on any transactions or activities that would materially impact on financial position and results of operation of the Company's transactions or activities, including the transaction which causes conflict of interest, fraud or irregularity or material defect of internal control system and the breach of the Securities and Exchange Acts, SET Regulations or laws relating to business of the Company. If the Board of Directors or Management fails to make rectification within the period of time under the first paragraph, any committee member may report the occurrence of a transaction or an act under the first paragraph to the Office of the Securities and Exchange Commission or the Stock Exchange of Thailand. 18.Perform any other act as assigned by the Board of Directors with approval of the Audit Committee. The Company hereby certifies that the aforementioned members meet all the qualifications prescribed by the Stock Exchange of Thailand. (Seal) Signature _______________________ Director and (Mr.Chalermchai Ratnarak) President