THE RESIGNATION OF THE COMPANY'S DIRECTOR

(Translation) February 19, 2002 Subject : Notifying the Resolutions of the Board of Directors No. 1/2002 To : Directors and Manager Stock Exchange of Thailand The Board of Directors' Meeting of Siam Makro Public Company Limited No. 1/2002 held on 19 February 2002 made the following resolutions: 1. The meeting unanimously approved the resignation of Mr. Jacob Cornelio Adriano de Jonge from the position of the Company's Director with effective date as from February 20, 2002. 2. The meeting unanimously approved the redesignation of the authorized directors as follows: "Number of directors whose signatures bind the Company are Mr. Arsa Sarasin, Mr. Prasert Jarupanich, Mrs. Suchada Ithijarukul, Mrs. Boonsin Srilertchaipanich and Mr. Eric Felix Maria Van Peer any two of these five directors may jointly sign with the Company's seal affixed." Please be informed accordingly. Your faithfully, Siam Makro Public Company Limited Signature (Charoen Assawajarukasem) SET Coordinator Manager