Resignation and Appointment of Company's Director

No. 419/2005 March 21, 2005 The President The Stock Exchange of Thailand Resignation and Appointment of Company's Director The Board of directors' meeting of Phatra Leasing Public Company Limited No. 2/2005 held on March 21, 2005 passed resolutions appointing with the following details : 1. Accepted the resignation of the following director : Mr. Anek Poopitayastaporn Position Director Effective Date February 1, 2005 2. Approved the appointment of the following director : Mr. Thamrong Nakornratanachai Position Director Effective Date March 21, 2005 The Company hereby certifies that the aforementioned director meet all the qualifications prescribed by the Stock Exchange of Thailand. For your kind attention accordingly. Yours sincerely, Mr. Krirkchai Siribhakdi President