DIRECTOR'S RESIGNATION AND THE REPLACEMENT

16 May 2003
Date : 16/05/2003 08:30 MAKRO : DIRECTOR'S RESIGNATION AND THE REPLACEMENT (Translation) May 14, 2003 Subject : Notifying the Resolutions of the Board of Directors No. 2/2003 To : Directors and Manager Stock Exchange of Thailand The Board of Directors' Meeting of Siam Makro Public Company Limited No. 2/2003 held on 14 May 2003 made the following resolutions: The meeting unanimously approved the resignation of Mr. James Stent from the position of the Company's Director and Audit Committee for reason that he has to work in foreign country with effective date as from May 14, 2003 and appointing Mr. Thira Wipuchanin as the Company's director, Outside Director and Audit Committee in place of Mr. James Stent. Please be informed accordingly. Your faithfully, Siam Makro Public Company Limited Signature (Charoen Assawajarukasem) SET Coordinator Manager