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Form F24-3

BackAug 15, 2005

Translation
                                                                   F24-3


Form for Report on Names of Members and Scope of Performance of the Audit Committee
Thai Factory Development Public Company Limited


The board of directors of  Thai Factory Development Public Company Limited at a meeting No. 4/2005  held  on  August  15,  2005  passed  resolutions  appointed   Mr. Prasong  Vara-ratanakul as the Audit  Committee  Chairman,    Mr. Nan   Kitjalaksana   as  the  Audit Committee  Member and Mr. Sommart  Sangkhasap  as the Audit Committee Member therefore, at  June  7, 2005 .  


Names of members of the Audit Committee are as follows:
Remaining terms of holding office
Chairman of the Audit Committee -  Mr. Prasong  Vara-ratanakul -  3  Year(s) - month(s)
Member of the Audit Committee - Mr. Nan  Kitjalaksana - 3  Year(s) - month(s)
Member of the Audit Committee - Mr.  Sommart  Sangkhasap - 3  Year(s) - month(s)
Secretary of the Audit Committee - Ms. Siriphon  Pinprayong            


The Audit Committee of the Company has the scope of duties and
responsibilities, and shall report to the board of directors on:
1.Review the Company's financial statements to ensure the financial report is correct and sufficient.
2.Review the Company's Internal Control and Internal Audit system is appropriate and effective.
3.Review that the Company business is abided to the Stock Exchange of Thailand's regulation and other relevant rules and law.
4.Consider, select, and propose the appointment of auditors and auditing fees.  
5.Consider the adequate of company's disclosure, the information is correct and complete in case of the connected transaction and the conflict of interest transaction. 
6.Preparing audit committee supervision reports which sign by the chairman of audit committee, and disclosing them in the Company's Annual Report.



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7.Assuming other responsibilities assigned by the board of directors and approve by the Audit Committee.


The company hereby certifies that the aforementioned members meet all the qualifications prescribed by the Stock Exchange of Thailand.


              Signature                        Director
                                         ( Mr. Gumpol  Tiyarat )


                       
              Signature                        Director
                                     ( Mr. Thavatchai  Jiaravudthi )
                              


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