Resolutions of EGM 1/2005

(Translation) October 26, 2005 Subject : Notification on Resolutions of Extraordinary General Shareholders' Meeting No.1/2005 To : Director and Manager The Stock Exchange of Thailand Pursuant to Extraordinary General Shareholders' Meeting No.1/2005 of Siam Makro Public Company Limited held on October 26, 2005 during 3.00 - 4.00 p.m., at Monthathip Room of Radisson Hotel Bangkok, No. 92 Rama 9 Road, Bangkapi Subdistrict, Huay Kwang District, Bangkok Metropolis, Thailand, the following resolutions have been adopted: 1. Confirmation of the Minutes of Annual General Shareholders' Meeting No. 12 (after conversion into a public company limited) held on April 25, 2005. 2. Approval on the declaration of the interim dividend payment from net profit after tax during 1 January 2005 to 30 June 2005 and some part of retained earnings to all shareholders of the Company at Baht 5 per share for a total number of 240,000,000 shares being the amount of Baht 1,200 million and the interim dividend payment date being on November 15, 2005. The reserve fund as at 30 June 2005 is up to Baht 240,000,000 being equal to 10% of registered capital, the Company, therefore, is not required to set aside more legal reserve. 3. Approval of the amendment of Clause 3 of the Company's Memorandum of Association from having the objectives in the number of 32 clauses to be 33 clauses. Detail of the proposed increase of the new objective is as follows: "(33) To engage in business of telecommunication radio or its accessories." There is no further business. Please be informed accordingly. Very truly yours, Siam Makro Public Company Limited Signature (Mrs. Saowaluck Thithapant) Director and Finance Director