ข่าวแจ้งตลาดหลักทรัพย์

MD.025/2010 February 18, 2010 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. 1/2010 on February 18, 2010, starting from 9:00 hrs. and the meeting passed the following material resolutions: 1. Acknowledge the resignation of Mr.Tevin Vongvanich from the Company's director, effective from February 16, 2010 onwards. 2. Appoint Mr.Chokchai Panyayong and Flt.Lt.Montree Jumrieng as the Company's directors, effective from February 18, 2010 onwards. 3. Call the Annual General Meeting of Year 2010 on April 19, 2010 at 14:00 hrs., at Meeting Room 1 and 2, Queen Sirikit National Convention Center, 60 New Rachadapisek Road, Klongtoey, Bangkok 10110. The shareholder right to attend the Annual General Meeting of Year 2009 shall be determined in accordance with the record as of March 24, 2010, whose names shall be collected pursuant to section 225 of the Securities and Exchange Act B.E.2535 by way of closure of share register on March 25, 2010. The agendas are as follows: Agenda 1: To Approve the Minutes of Annual General Meeting of 2009 Board's Opinion: The Meeting should consider approving the minutes of the Annual General Meeting of 2009. Agenda 2: To Acknowledge the Report of the Board of Directors regarding the Performance of the Company in the Year 2009 and Future Operation Plan Board's Opinion: The Meeting should consider approving the Report of the Board of Directors regarding the Performance of the Company in the Year 2009 and Future Operation Plan as proposed. Agenda 3: To Consider Approving the Balance Sheet and the Earnings Statement for the Year 2009 Board's Opinion: The Meeting should consider approving the balance sheet and earnings statement for the year 2009. Agenda 4: To Consider Allocation of Profits and Reserve Fund Board's Opinion: The Meeting should consider approving the allocation of profits and reserve fund as follows: (Unit : Thousand Baht) Dividends for the year 2009 219,299 Reserve for Investment Expansion 37,346 General Reserve 37,346 Profit Carried Forward to 2010 731,991 In addition, The dividends for the year 2009 shall be paid at the rate of Bht 0.43 per share which the interim dividend was already paid at the rate of Bht 0.13 per share, therefore, the dividend to be paid at this time shall be at the rate of Bht 0.30 per share. In order to determine the right of dividend, the Board of Directors resolved to pay the dividend to the shareholders in accordance with the record as of April 27, 2010, whose names shall be collected pursuant to section 225 of the Securities and Exchange Act B.E.2535 by way of closure of share register on April 28, 2010, with the dividend payment date on May 14, 2010. Agenda 5: To Consider the Election of Directors in place of those who Retired by Rotation Board's Opinion: The Meeting should consider appointing the proposed directors in replacement of those retired by rotation as follows. 1.Mr. Palakorn Suwanrath to be Independent Director for another term 2.Mr.Ath Hemvijitraphan to be Director for another term 3.Mr.Tanachai Vienravee to be Director for another term 4.Mr. Vinai Chamlongrasdr to be Director for another term 5.Mr. Visut Montriwat to be Independent Director for another term Agenda 6: To Consider Appointing the External Auditors and their Audit Fee Board's Opinion: The Meeting should consider appointing Mr.Pichai Dachanapirom, Certified Public Accountant Registration number 2421, or Ms.Chantra Wongsri-Udomporn, Certified Public Accountant Registration number 4996, or Ms. Wannisa Ngambuatong, Certified Public Accountant Registration number 6838, or Mr. Thanawut Piboonsawat, Certified Public Accountant Registration number 6699 of Dharmniti Auditing Co., Ltd. to serve as the Company's external auditor for the year 2010, either of whom may audit and make any comments on the Company's financial statement, with the audit fee of Baht 750,000. Agenda 7: To Consider the Directors' Remuneration Board's Opinion: The Meeting should consider approving the director's remuneration for the year 2009 in the aggregate amount of Baht 8,000,000, more than those for the year of 2008 which was Baht 7,600,000. For monthly remuneration and the meeting allowance will be payable at the same rate as the previous year. Agenda 8: To Consider Approving the Amendment to Clause 3 of the Memorandum of Association, regarding the Objectives of the Company Board's Opinion: The Meeting should consider approving the amendment to Clause 3 of the Memorandum of Association, regarding the Objectives of the Company, as follows: "To operate regarding services of storage, delivery, transport, sampling, analysis and certificate quality of Diesel" Agenda 9: Other business (if any) Please be informed accordingly. Yours sincerely, (M.R. Supadis Diskul) Managing Director Legal and Securities Division Tel 0-2834-8913 Fax 0-2834-8920