FORM F 24-3

20 May 2003
Date : 20/05/2003 08:39 MAKRO : FORM F 24-3 Translation F 24-3 Form for Report on Names of Members and Scope of Performance of the Audit Committee The board of directors meeting of Siam Makro Public Company Limited No. 2/2003 held on May 14, 2003 passed resolutions appointing Member of the Audit Committee with the following details : Mr. Thira Wipuchanin therefore, at May 14, 2003 1. Names of members of the Audit Committee are as follows : Expiring terms of holding office Chairman of the Audit Committee Mr. Athaporn Khaimarn April 29, 2004 Member of the Audit Committee Mr. Chavalit Uttasart April 29, 2004 Member of the Audit Committee Mr. Thira Wipuchanin April 29, 2004 Secretary of the Audit Committee Miss Suparat Sumnienghong Certificates and Resumes of 1 member of the Audit Committee are attached hereto. 2. The Audit Committee of the Company has the scope of duties and responsibilities, and shall report to the board of directors on: 1. To review the Company's financial reporting process to ensure accuracy and adequacy; 2. To ensure that the Company has suitable and efficient internal control system and internal audit; 3. To review the performance of the Company to ensure compliance with the securities and exchange law, regulations of the SET or laws relating to business of the Company; 4. To consider, select, nominate and recommend remuneration of the Company's external auditor; 5. To review the disclosure of information of the Company in case of connected transaction or transaction that may lead to conflict of interest to ensure the accuracy and completeness; 6. To prepare a report on monitoring activities of the Audit Committee and disclose it in an annual report of the Company, and have such report signed by the Chairman of the Audit Committee; and 7. To 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. Signature Director (Mrs. Suchada Ithijarukul) Signature Director (Mrs. Boonsin Srilertchaipanij)