Resolutions of EGM No. 1/2004

(Translation) December 29, 2004 Subject : Notification on Resolutions of Extraordinary General Shareholders' Meeting No.1/2004 To : Director and Manager Stock Exchange of Thailand Pursuant to Extraordinary General Shareholders' Meeting No.1/2004 of Siam Makro Public Company Limited held on December 29, 2004 during 3.00 - 3.45 p.m., at Rachawadee 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. 11 (after conversion into a public company limited) held on April 27, 2004. 2. Approval of the Company purchase the 100% shares of Siam Food Services Limited from Diethelm Trading Co., Ltd. and all other shareholders at the price not exceeding Baht 230 million plus the repayment by the Company for Baht 35 Million debt owed by Siam Food Services Limited to Diethelm Trading Co., Ltd. and the provision of the release of guarantee at Baht 110 Million and USD 500,000 for forward exchange line which Diethelm Group of Companies has given to the financial Institute as security of partial debts of Siam Food Services Limited and to enter into the Share Purchase Agreement with Siam Food Services Limited. There is no further business. Please be informed accordingly. Very truly yours, Siam Makro Public Company Limited Signature (Charoen Assawajarukasem)