Omits Dividend Payment And Sets Date For AGM 2005

                                    TRANSLATION
                  OMITS DIVIDEND PAYMENT AND SETS DATE FOR
                  ORDINARY GENERAL MEETING OF SHAREHOLDERS


      The board of directors of Thai Factory Development  Public Company
Limited at the meeting No. 2/2005  held on February 24, 2005  passed the
following resolutions:


              1.To omit dividend payment for the operation from  January 1,
                2004 to December 31, 2004 because  the company operation
                result shown cumulative loss at the end of year 2004.


              2.To set the date for the annual ordinary general meeting of 
                shareholders would be held on April 8, 2005 from 10.00 a.m.
                at Vipawadee Room,  P4 Floor., Priceton Park Suites, No. 3
                Mitmaitree Road, Din Daeng Sub District, Din Daeng District,
                Bangkok 10400. 


             3.To set the date for closing the company shares register for
               the right to attend the meeting will be on March 18, 2005 at
               12.00 a.m. till the end of the meeting.


             4.The agenda for the annual ordinary general meeting of
               shareholders will be as follows:


                  4.1 Certify the minutes of the ordinary general meeting
                      of shareholders 2004, held on April 29, 2004.
                  4.2 Acknowledge the operating results for 2004.
                  4.3 Approve the companys balance sheets,profit and
                      loss statements,and cash flow statements as at
                      December31,2004.
                  4.4 Consider the dividend omissions for the operating
                      results from January 1, 2004 to December 31, 2004.
                  4.5 Appoint new directors to succeed those completing
                      their terms,and fix their remuneration for 2005.
                  4.6 Appoint auditors and fix the auditing fee for 2005.
                  4.7 Consider to purchase the business of other company
                      or private company to the company.
                  4.8 Consider other issues (if any).






                 Signature _____________________________ Authorized Director
                            ( Mrs. Siriphon  Pinprayong )
            Position         Assistant Managing Director
                       Administration Information Technology      










F : T-omit(E)