Ref: SCG-SET-05-014 May 9, 2005 Subject: Reporting on Audit Committee Report on Members and Scope of Duties Attention: The President The Stock Exchange of Thailand The Board of Director of Sahacogen (Chonburi) Public Company Limited held meeting No. 2/2005 on March 30, 2005 and the Board of Audit Committee held a meeting No. 2/2005 on May 9, 2005 had a resolution on the appointed of the Audit Committee. The company hereby send the Audit Committee Report on Members and Scope of Duties as attached Please be informed accordingly. Yours sincerely, (Mr. Viroj Theeravatvatee) Managing Director F 24-3 Audit Committee Report on Members and Scope of Duties The board of director of Sahacogen (Chonburi) Public Company Limited at a meeting No. 2/2005 held on March 31, 2005 and board of audit committee at a meeting No. 2/2005 held on May 9, 2005 had a resolution and appointed Audit Committee Therefore, at May 9, 2005. 1. The member of the committee include : Audit Committee Chairman Mr.Amorn Asvanunt - Remaining terms of holding office 1 year Audit Committee Director Mr.Surong Ongkosit - Remaining terms of holding office 1 year Audit Committee Director Mr.Khachornsakdi Vanarateseath - Remaining terms of holding office 1 year Audit Committee Director Police General Somchai Prabhasabhakdi - Remaining terms of holding office 1 year Audit Committee Secretary waiting for an appointment 2. The Audit Committee of the Company has the scope of duties and responsibilities, and shall report to the board of directors on : - To verify the company s financial report to be true, accurate, transparent and complete enough for disclosure. - To ensure that the company has suitable and effective internal control system and internal audit - To review the company s performance to be compliant with the Securities and Exchange Act, regulations of the Stock Exchange of Thailand and any laws regarding the company business. - To consider, select, and propose certified auditors as well as the remuneration of the auditors. - To consider in disclosure of accurate and complete information in case that there are inter- business transactions or conflict of interest. - To prepare and report on the corporate governance conducted by the audit committees in the company s annual report. That report is signed by the chairman of the audit committees. - To perform any activities assigned by the Board of Directors and as agreed by the audit committee. The company hereby certifies that the aforementioned members meet all the qualifications prescribed by the Stock Exchange of Thailand. Signature Managing Director ( Mr.Viroj Theeravatvatee)