Minutes of the Resolutions AGM 2008

No. 051/2008 January 29, 2008 To: The President The Stock Exchange of Thailand Minutes of the Resolutions Annual General Meeting of shareholders of the year 2008 At the Annual General Meeting of shareholders of Phatra Leasing Public Company Limited for 2008, held on January 29 2008, at 10.00 a.m. at Chareunkrung Room, Muangthai Life Assurance Assemble Hall, Rachadaphisek Road, Huaykwang, Bangkok 10320, the resolutions were as follows : 1. Adopted with respect to Minutes of the Annual General Meeting of Shareholders of the year 2007. 2. Acknowledged the Board of Directors' report the results of business operation of the Company for the year 2007. 3. The Meeting resolved to approve the company's financial statements for the year 2007 4. The Meeting resolved to pay yearly dividend at the rate of Baht 0.35 per share to the shareholders whose name appeared in the share register back on 8 January 2008 by fixing payments date on 12 February 2008. 5. The Meeting resolved to appoint directors to replace the directors who retired by rotation as follow:Mr. Poomchai Lamsam, Mr. Poonpipat Aungurigul and Mr.Krirkchai Siribhakdi - And to fix the authorized signatories " Two authorized directors co-signatories with the Company's seal " 6. The Meeting allocated the Directors' remuneration for the year end 2007 totaling Baht 7,800,000.-. 7. The Meeting resolved to appoint the auditors and the fixing of auditors' remuneration. The Meeting passed a resolution to appoint Mr. Thridtong Thepmongkorn, Registration No. 3787 and/or Mrs. Wilai Buranakittisopon,Registration No. 3920 and/or Ms. Pantip Gulsantihamrong, Registration No. 4208 of KPMG Phoomchai Audit Ltd., as the Company's auditors for the year 2006. The auditors' remuneration was fixed at Baht 980,000 Please be informed accordingly, Sincerely yours, (Mr. Krirkchai Siribhakdi) President