Report on Resolutions of AGM No. 11/2005

ST.010/2005/0051 28th April, 2005 Subject : Report on Resolutions of the Annual General Meeting of Shareholders No. 11/2005 To : Directors and Manager of the Stock Exchange of Thailand Whereas Sino-Thai Engineering & Construction Pubic Company Limited convened the Annual General Meeting of Shareholders No. 11/2005 between 11.00 hours - 11.45 on April 28, 2005. The Company would like to report the resolutions adopted at the said meeting as follows: 1. Approval of the Minutes of Annual General Meeting of Shareholders No. 10/2004 held on April 27, 2004 and the Minutes of Extraordinary Meeting of Shareholders No. 1/2004 held on August 16, 2004. 2. Approval of the Report on the Company's Operating Results for the year ending December 31, 2004 and the Company's Annual Report for 2004. 3. Approval of the Balance Sheet and Profit and Loss Statements for the fiscal period ending December 31, 2004 which were audited by the Company's auditor. 4. Approval of the appropriation of profit and declaration of dividends payment for 2004 at the rate of 6 Satang (Six Satang) per share to the Company's shareholders. The dividend payment date will be on May 27th, 2005. 5. Approval of the re-appointment of the directors who retired by rotation namely: (1) Mr. Vallop Rungkijvorasathien (2) Mr. Woraphant Chontong (3) Mr. Masthawin Charnvirakul and (4) Mrs. Sanongnuch Charnvirakul as the Company's directors for an additional term; 6. Approval of the appointment of Mr. Narong Puntawong C.P.A. License No. 3315 and/or Mr. Ruth Chaowanagawi C.P.A. License No. 3247 and/or Mr. Suphachai Panyawattano C.P.A. License No. 3930, all of Ernst & Young Office Limited as auditors of the Company for 2005 with the auditors' remuneration of Baht 1,170,000 (One Million, One Hundred and Seventy Thousand Baht) per annum. 7. Approval of the fixing of the Remuneration of Directors and Audit Committee for 2005 as follows: Directors' meeting fee 1. The Board of Directors - For the Chairman of amounting to 20,000 Baht/meeting the Board of Directors - For each Director amounting to 10,000 Baht/meeting 2. The Audit Committee - For the Chairman of amounting to 20,000 Baht/meeting the Audit Committee - For each Audit Committee amounting to 10,000 Baht/meeting Board of Directors' Annual Remuneration 1. For the Chairman of the Board of Directors amounting to 400,000 Baht/year 2. For the Chairman of the Audit Committee amounting to 400,000 Baht/year 3. For each Director amounting to 200,000 Baht/year It is therefore, informed for your acknowledgment and dissemination to the public and other investors. Sincerely yours, Sino-Thai Engineering & Construction Plc. (Mr. Vallop Rungkijvorasathien) President