SET Announcements

No. MD. 109/2002 9 August 2002 Re: Report of the Resolutions of the Board of Directors Meeting and Interim Dividend Payment To: President The Stock Exchange of Thailand Bangkok Aviation Fuel Services Public Company Limited held the Board of Directors Meeting No. 4/2545 on 9 August 2002, starting from 10:00 hrs. and the meeting passed the following material resolutions: 1.The Meeting resolved to approve the policy to provide aviation fuel services to the provincial airports that are under supervision of the Department of Aviation and to assign the Company to prepare operational plan of each airport for the Board's further consideration. 2.The Meeting resolved to approve the declaration of interim dividend for operation of the first six months of year 2002 at the rate of Baht 0.25 per share to the holders of 340 million shares in the amount of Baht 85.0 million, whose names appear in the Company's share register book as of 26 August 2002 at 12.00 noon and the dividend be paid on 6 September 2002. 3.The Meeting resolved to approve the Financial Statement for Quarter 2/2002 as proposed. 4.The Meeting resolved to approve the addition of scope of duties and responsibilities of the Audit Committee to cover "the audit of the Company's compliance with the obligations with the outsiders". Please be informed accordingly. Respectfully yours, Signed _________________ (M.R. Supadis Diskul) Managing Director 2 BAFS-Summary Resolution_BOD 4-2545 (Eng) 2