The President The Stock Exchange of Thailand 62 The Stock Exchange of Thailand Building Rachadapisek Road, Klongtoey, Bangkok 10110 December 20, 2000 Dear Sir, Appointment of a New Board Member The board of directors of Haad Thip Public Company Limited at a meeting # 4/2000 held on December 15, 2000, at the Company,s Office has approved the appointment of Mr.Manate Rattakul as the new Board Member of the Board of Directors replacing Mr.Chartchur Kannasuta who was adjudged by the court to be a person incompetent. Mr.Manate will hold the service for the remaining duration of the term of Mr.Chartchur Kannasuta. Yours sincerely, Sec.Lt. (Phairoch Rattakul) Managing Director Office of the Managing Director Tel.392-9984-5 Ext.108