Interim Dividend Declaration

Translation November 8, 2007 Subject : To inform the Board of Directors' resolution No. 5/2007 To : Director and President The Stock Exchange of Thailand The Board of Directors' Meeting of Siam Makro Public Company Limited No. 5/2007 held on November 8, 2007 made the following resolutions: - 1. The meeting unanimously resolved to approve the Company to declare the 2nd interim dividend from the net profit after tax during 1 January 2007 through 30 September 2007 to all shareholders of the Company at Baht 1 per share, totalling Baht 240,000,000 for the total number of 240,000,000 shares without appropriating an additional legal reserve as the amount of the Company's legal reserve is already in compliance with the law. This will result to total interim dividend payment of Baht 780,000,000 (Baht 3.25 per share). The payment of dividend will be made on December 6, 2007. 2. The meeting unanimously resolved to close the registry of shareholders for share transfer as of 12.00 hours on November 23, 2007 to determine the shareholders' right to receive the payment of 2nd interim dividend. Please be informed accordingly. Yours faithfully, Siam Makro Public Company Limited Signature (Mr. Charoen Assawajarukasem) SET Coordinator Manager