News

Resolutions Of 2005 Annual General Meeting Of Shareholders

28 July 2005




Subject      :To report the resolutions of the 2005 Annual General Meeting of
            Shareholders


To      : Managing Director
            The Stock Exchange of Thailand




The Meeting of the 2005 Annual General Meeting of Shareholders of Polyplex
(Thailand) Public Company Limited (the Company) held at 10.30 a.m. on 28 July
 2005, has resolved as follows:


      1.      That the minutes of the Extraordinary General Meeting of
           Shareholders  No. 1/2004, dated 2 September 2004 be certified.


      2.      That the report on the Company's operating results be acknowledged
           and the Director's Report be approved.


      3.      That the Company's audited balance sheet and the profit and loss
           statements for the year ended 31 March 2005 which had been audited by
           the certified public accountant and approved by the Board of
           Directors  be approved.


      4.      That, (i) the appropriation of Baht 36.10 million as legal
           reserve, (ii) the dividend payment to the Company's shareholders
           whose names appear on the share register as of 8 July 2005 at
           12.00 a.m. at the rate of Baht 0.35 per share, and (iii) the
           dividend payment schedule by 10 August 2005 be approved.


      5.      That the re-appointment of Mr. Shiraz Erach Poonevala, Mr. Manish
           Gupta  and Mr. Pranay Kothari who would retire by rotation as the
           directors for another term and the Audit Committee remuneration for
           2005 of Baht 10,000 per person per meeting attendance be approved.


The directors who are not the members of the Audit Committee voluntarily waive
their right to receive the remuneration as the Company's directors.


      6.      That the appointment of Mr. Vichien Thamtrakul, Certified Public
      Accountant No. 3183 or Mr. Vairoj Jindamaneepitak, Certified Public
      Accountant No. 3565 or Mr. Pisit Chiwaruangroch, Certified Public
      Accountant No. 2803 of KPMG Phoomchai Audit Ltd. as the Company's auditors
      for the accounting period ends 31 March 2006 with the remuneration
      maximum up to Baht 2 (Two) Million be approved.




Yours faithfully,
Polyplex (Thailand) Public Company Limited






(Mr. Manish Gupta)
Director