Resignation and appointment of Directors

Ref : LAW / 52 / 10 / 06

October 20,2009

TO : President The Stock Exchange of Thailand

Subject : To inform resignation and appointment of Directors and changing of authorized of directors

Attention: Director and Manager The Stock Exchange of Thailand

Please be informed that we, Prinsiri Public Company Limited as approved by the Board of Director Extraordinary Meeting No. 1/2009 held on October 20 ,2009 , details are as follow:

1. Unanimously resolved to adopt the Minutes of the Board of Directors Ordinary Meeting No. 3/2009 held on August 7,2009
2. Approved the appointment Professor Warapatr Thodhanakasem, Ph.D. as a new Company's Director and appointed as chairman of the board of the company The new director retain such position only for the remaining term of office of Mr.Mongkol Pao-in the resigned director. The appointment is effective on October 20,2009 onwards.
3. Acknowledgement that Lt.Sivarak Pinijarom and Mrs.Moogda Arriyavat , the Company's Director,the Independent Director and the Audit Committee Director, have resigned from their directorships effective since October 20, 2009
   
   And the Board of the Director Approved the appointment the new audit committee as follow
   
   Appointed Associate Professor Anchalee Pipatanasern as a new Company's Director,the Independent Director and the Chairman of the Audit Committee to replace the position of Mr. Surabhon Kwunchaithunya the resigned director and retain such position only for the remaining term of office of Mr. Surabhon Kwunchaithunya.
   
   Appointed Associate Professor Witaya Danthamrongkul as a new Company's Director,the Independent Director and the Audit Committee Director to replace the position of Lt.Sivarak Pinijarom the resigned director and retain such position only for the remaining term of office of Lt.Sivarak Pinijarom.
   
   Appointed Assistant Professor Monpaka Vongsa as a new Company's Director,the Independent Director and the Audit Committee Director to replace the position of Mrs.Moogda Arriyavat the resigned director and retain such position only for the remaining term of office of Mrs.Moogda Arriyavat.
   
   The appointment is effective on October 20,2009 onwards.
4. Approved the Amendment the powers of the authorized directors of the Company to be as follows:"Professor Warapatr Thodhanakasem,Ph.D.,Ms.Siriluck Kovitchindachai or Mr.Veera Srichanachaichok,any 2 of the 3 directors can jointly sign together with the company's seal affixed or any 1 of the 3 directors sign with Mr. Kwanchai Mongkolkittaveepol or Mr. Chaiwat Kovitchindachai together as two directors with the company's seal affixed"effective on date of the company affidavit which informed and completed manage to department of Business Development

Please be informed accordingly.

Yours Sincerely,

(Siriluck Kovitchindachai)
Chief Executive Officer

Attachments