Ref: SCG-SET-06-014 October 20, 2006 Subject: Investment in Sahacogen Kabinburi Company Limited and Transaction with related companies Attention: The President The Stock Exchange of Thailand The Board of Directors Meeting No. 5/2006 of Sahacogen(Chonburi) Public Company Limited, is held on October 20, 2006, has passed the following resolutions :- 1.That the Board of Directors has approved to set up a new company nameds Sahacogen Kabinburi Company Limited, which detailed as following: - 1.1 Name: Sahacogen Kabinburi Company Limited located at Saha Group Industrial Park Kabinburi, Amphoe Kabinburi, Prachinburi province 1.2 Registration: on registration process 1.3 Registered Capital: 250,000,000.-Baht (totaling 25,000,000 shares, at 10 Baht/ share) 1.4 Shareholder Structure: Sahacogen (Chonburi) Public Limited Company holds 100 percent of shares, totaling investment is 250 million Baht. 1.5 Objectives: Business expansion in power plant industry supporting the government policy in promoting alternative energy 2. That the Board of Directors has approved to renew the Operation and Maintenance Agreement with Operational Energy Group Limited. 2.1 Relationship: Sahacogen (Chonburi) PCL and Operational Energy Group Limited have common shareholder, which is S&J International Enterprises PCL, and common directors namely Mr. Thirasak Vikitset and Mr. Atthakorn Glankwamdee 2.2 Objectives: To operate and maintain the power plant. The existing agreement will be expired on December 31, 2006 and the renew agreement will be signed for 5 years, whose fee is totally 295 million Baht. Please be informed accordingly. Best Regards, Mr. Viroj Theeravatvatee Managing Director