Report on Resolutions of the EGM No.1/2005

ST. 010/2005/0063 31st May, 2005 Subject :Report on Resolutions of the Extraordinary Meeting of Shareholders No. 1/2005 To :Directors and Manager of the Stock Exchange of Thailand Whereas Sino-Thai Engineering & Construction Pubic Company Limited convened the Extraordinary Meeting of Shareholders No. 1/2005 between 10.50 hours - 11.40 hours on May 31, 2005. The Company would like to report the resolutions adopted at the said meeting as follows: 1.Approval of the increase of registered capital from existing registered capital of Baht 1,190,250,000 to Baht 1,350,250,000 by issuing 160,000,000 new ordinary shares at the par value of Baht 1 and the allocation of newly issued shares under the private placement. 2.Approval of the amendment of Clause 4. of the Company's Memorandum of Association in order to be consistent with the increase of capital as follows: Clause 4.The Registered Capital: 1,350,250,000 Baht Divided into: 1,350,250,000 Shares Par Value per share: 1 Baht Ordinary Shares : 1,350,250,000 Shares Preferred Share : -none- It is therefore, informed for your acknowledgment and dissemination to the public and other investors. Sincerely yours, Sino-Thai Engineering & Construction Plc. (Mr. Vallop Rungkijvorasathien) President