SCG-SET-04-008 March 31, 2004 Subject:Notification of the resolutions of the Annual Shareholder's Meeting No. 2 To: President The Stock Exchange of Thailand The Annual Shareholder's Meeting No. 2 of Sahacogen (Chonburi) Public Company Limited held on March 31, 2004 at 10.00 a.m. at Chao Phraya Room 2-3 of Montien Riverside Hotel has resolved as follows: 1. The Meeting unanimously approved the minutes of the Extraordinary General Meeting of Shareholders No. 1/2003. 2. The Meeting acknowledged the company's annual report for the year 2003. 3. The Meeting unanimously approved the company's financial statements for the year 2003 and its auditor's report. 4. The Meeting unanimously approved the dividend payment distributed from the operating results for the year 2003 at Baht 0.175 per share for the 955,000,000 ordinary shares, totaling Baht 167, 125,000.- to those shareholders whose names are registered in the share register book of Sahacogen as of March 10, 2004. The dividend will be paid by April 26, 2004. 5. The Meeting unanimously approved the appointment of the directors who retire upon the term and their remuneration 5.1 The Meeting approved to re-appoint the four directors retired by the term to be the director of the company, namely 1. Mr. Thirasak Vikitset2. Mr. Santi Vilassakdamont 3. Mr. Tanong Srichit 4. Mr. Viroj Theeravatvatee 5.2 The Meeting approved the remuneration for the directors for the year 2004 of Baht 8,000,000.- and commit the board of directors to allocate this remuneration appropriately to the directors. 6. The Meeting unanimously approved to appoint Ms. Siraporn Ouaanunkun, CPA (Thailand) Registration No. 3844 and/or Mr. Supachai Punyawattano, CPA (Thailand) Registration No. 3930 of Ernst & Young Office Limited to be the company's auditors for the year 2004. In addition, the shareholders approved the annual audit fee for the year 2004 of Baht 230,000.- and Baht 165,000.- for the quarterly review of the financial statements and the consolidated financial statements of the company for the year 2004. 7. None of other business Please be informed accordingly. Sincerely yours, (Mr. Viroj Theeravatvatee) Managing Director