DIVIDEND PAYMENT ,ORDINARY SHARHOLDERS' MEETING, APPOINT AUD

512/2001 December 13, 2001 The President The Stock Exchange of Thailand REPORT ON THE BOARD OF DIRECTORS The board of directors of Phatra Leasing Public Company Limited at a meeting 5/2001 held on December 13, 2001 passed the following resolutions: 1. That the date for closing the company share register for the right to attend the meeting and for the right to receive the dividend will be on January 11, 2002 at 8.30 a.m. until the meeting will close. 2. That an ordinary general meeting of shareholders 2002 should be held on January 23,2002 at 10.30 a.m. at Charenkung Room , Muangthai Life insurance Assemble Hall , Rachadaphisek Road , Huaykwang Bangkok 10320.That the agenda for meeting will: Agenda 1 Certify the minutes of the ordinary meeting of shareholders 2001 Agenda 2 The Board of Directors to report on year 2001 operation. Agenda 3 Approve the company's financial statements as at September 30,2001. Agenda 4 Consider the allocation of net profit for legal reserves for 2001's operation results. Agenda 5 Consider the dividend payments for 2001's operation results. Agenda 6 Appoint new directors to succeed those completing their terms. Agenda 7 Appoint an auditor and fix the auditing fee. Agenda 8 Consider the directors' remuneration. Agenda 9 Consider other issues (if any) 3. To passed the resolution to shareholders approve the annual dividend payment for the operation for the year 2001 Bt. 1.50 per share and will on January 31,2002. 4. To appointed members of the Audit Committee to held this position with in 2 years are as follows : Chairman of the Audit Committee Assoc.Prof. Chawalle Pongpatirochna Member of the Audit Committee Mr.Poonpipat Aungurigul Member of the Audit Committee Mr.Arpatsorn Bunnag Secretary of the Audit CommitteeMr.Pipop Kunasol Yours sincerely, Thipsuda Kuenkong Vice President General Administration Division