APPOINTED THE DIRECTORS WHO ARE AUTHORIZED SIGNATORIES

0477/2544 November 26, 2001 The Managing Director The Stock Exchange of Thailand REPORT ON THE BOARD OF DIRECTORS The board of directors of Phatra Leasing Public Company Limited at a meeting 4/2001 held on November 26, 2001 passed the following resolution: Appointed the Directors who are the company's authorized signatories as follows : "Names and number of Directors authorized to sign on behalf of the company are:Mr.Kaorop Nutchanart Mr.Poomchai Lamsam Mr.Vinai Punyaratabandhu Mr.Luxaman Bunnag Mr.Anek Poopitayastaporn Mr.Tanakorn Buranaphan Mr.Krirkchai Siribhakdi any two of seven directors sign with the Company's seal affixed." Yours Sincerely, Phatra Leasing Public Company Limited (Mr.Krirkchai Siribhakdi) President