REPORT ON SHAREHOLDERS' RESOLUTIONS

0040/2002 January 23,2002 The Managing Director The Stock Exchange of Thailand REPORT ON SHAREHOLDERS' RESOLUTIONS Phatra Leasing Public Company Limited would like to report on the resolutions made at a shareholders' ordinary meeting held on January 23, 2002 from 10.30 a.m. at Charoenkrung Room, Muangthai Life Assurance Assembly Hall, Rachadaphisek Road, Huaykwang Bangkok. The details of the resolutions are as follows : 1. To certify the minutes of the ordinary meeting of shareholders 2001 2. To consider and certify the directors' report concerning the operating business for the year 2001. 3. To approve the company's financial statements as of September 30,2001. 4. To allocate of net profit for legal reserves for 4,600,000 Bath. 5. To pay dividends for 2001's at Bt.1.50 per shares. On January 31, 2002. 6. To reappoint the directors whose tenure has ended are as follows. 6.1 The directors whose tenure has ended are as follows. Mr. Poomchai Lamsam ,Mr. Poonpipat Aungurigul , Mr. Krirkchai Siribhakdi 6.2 The directors being re-appointed are as follows Mr. Poomchai Lamsam ,Mr. Poonpipat Aungurigul , Mr. Krirkchai Siribhakdi 6.3 To appoint new directors as follows Mr.Vichai Phanachet 7. To allocate the directors' remuneration for 1,500,000 .-Bath. 8. To appoint the auditors for the year 2002,as follows: Mr. Vichien Thamtrakul, and/or Mrs.Sudchit Boonprakob and/or Ms. Wipa Jindanuwat of SGV-Na Thalang & Co., Ltd. And fix the auditing fee 525,000.-Bath. For your records and information. Sincerely Yours, Krirkchai Siribhakdi President