Amend Clause 3 Of Memomorandum Of Association, Add AGM Agenda

No. MD.047/2006 March 28, 2006 Re: Report of the Resolutions of the Board of Directors Meeting To: President The Stock Exchange of Thailand Bangkok Aviation Fuel Services Public Company Limited held the Board of Directors Meeting No. 2/2006 on 28 March 2006, starting from 10:00 hrs. and the meeting passed the following material resolutions: 1.Approve the amendment to Clause 3 of the Memorandum of Association, regarding the Objectives of the Company, Item 8 as follows: Old "To guarantee natural persons or juristic persons under the laws on immigration, taxation, labor any other laws only necessary and relating to the business of the Company or the operations of the Company" New "To guarantee or secure the debt for natural persons or juristic persons to perform obligations under the agreement including but not limited to guarantee such persons or juristic persons in any matter relating to the business of the Company or the operations of the Company under Immigration Law, Taxation Law, Customs Law, Labor Law and any other laws" 2. Incorporate the matter of amendment to Clause 3 of the Memorandum of Association above as Agenda 8 in Agenda for Annual General Meeting of Shareholders of 2006 as follows: Agenda 1 To approve of the Minutes of the Annual General Meeting of Year 2005 Agenda 2 To consider the report of the Board of Directors on the performance of the Company in year 2005 and future business operation Agenda 3 To consider approving the balance sheet and the earnings statement for the year 2005 Agenda 4 To consider the allocation of profit and reserve Agenda 5 To consider the election of directors in place of those who retire by rotation Agenda 6 To consider the appointment of auditors and their remuneration Agenda 7 To consider the payment of Directors' remuneration for year 2005, Monthly Remuneration and Meeting Fee Agenda 8 To consider approving the amendment to Clause 3 of the Memorandum of Association, regarding the Objectives of the Company, Item 8 Agenda 9 Other business (if any) Please be informed accordingly. Respectfully yours, (M.R. Supadis Diskul) Managing Director