Report on the Resolution of the AGM No.14/2008

ST. 010/2008/0029 25th April, 2008 Subject : Report on Resolutions of the Annual General Meeting of Shareholders No. 14/2008 To : Directors and Manager of the Stock Exchange of Thailand Whereas Sino-Thai Engineering & Construction Pubic Company Limited (the "Company") convened the Annual General Meeting of Shareholders No. 14/2008 between 10.30 - 11.30 hours on April 25th, 2008. The Company would like to report the resolutions adopted at the said meeting as follows: 1. Approval of the Minutes of Annual General Meeting of Shareholders No. 13/2007 held on April 24th, 2007. 2. Approval of the Report on the Company's Operating Results for the year ending December 31st, 2007 and the Company's Annual Report for 2007. 3. Approval of the Balance Sheet and Profit and Loss Statements for the fiscal period ending December 31st, 2007 which were audited by the Company's auditor. 4. Approval of the non-issuance of dividend for the year 2007. 5. Approval of the re-appointment of the retiring directors namely: (1) Mr. Vallop Rungkijvorasathien (2) Mr. Woraphant Chontong (3) Mr. Masthawin Charnvirakul and (4) Mrs. Sanongnuch Charnvirakul as the Company's directors for an additional term. 6. Approval of the fixing of the Remuneration of Directors and Audit Committee for 2008 as follows: Directors' meeting fee 1. The Board of Directors - For the Chairman of the Board of Directors amounting to 40,000 Baht/meeting - For each Director amounting to 20,000 Baht/meeting 2. The Audit Committee - For the Chairman of the Audit Committee amounting to 40,000 Baht/meeting - For each Audit Committee amounting to 20,000 Baht/meeting Board of Directors' Annual Remuneration 1. For the Chairman of the Board of Directors amounting to 400,000 Baht/year 2. For the Chairman of the Audit Committee amounting to 400,000 Baht/year 3. For each Director amounting to 200,000 Baht/year 7. Approval of the appointment of Mr. Narong Puntawong C.P.A. License No. 3315 and/or Miss Thipawan Nananuwat C.P.A. License No. 3459 and/or Miss Siraporn Ouaanunkun C.P.A. License No. 3844, all of Ernst & Young Office Limited as auditors of the Company for 2008 with the auditors' remuneration of Baht 1,460,000 (One Million Four Hundred Sixty Thousand Baht Only). The Company provides this information for your acknowledgment and dissemination to the public and other investors. Sincerely yours, Sino-Thai Engineering & Construction Public Company Limited (Mr. Vallop Rungkijvorasathien) President