Report on shareholders' resolution 2006

THAI FACTORY DEVELOPMENT PUBLIC COMPANY LIMITED
                        REPORT ON SHAREHOLDERS' RESOLUTIONS

      Thai Factory Development Public Company Limited would like to report
on the resolutions made at the shareholders' ordinary meeting held on April
27, 2006.  The details of the resolutions are as follows:

1. To certify the minutes made at an annual ordinary shareholders' meeting
   2005 held on April 8, 2005.

2. To acknowledge the Company's operation results and directors' report for
   the year 2005.

3. To approve the balance sheet and profit/loss account as of December 31,
   2005.

4. (/)   To allocate net profit for legal reserves as 5 % or Baht 2,510,000.-

   (/)   To pay dividend payment for the Company's operation as of January 1,
         2005 to December 31, 2005 at Baht 0.05 per share.  The board of
         directors had already resolved to pay an interim dividend at Baht
         0.03 per share.  Consequently, the additional dividend of Baht
         0.02 per share totaling to Baht 12,751,960.70 has scheduled to pay
         to the shareholder on May 15, 2006.

  The date for closing the company share register for the right to receive the
dividend will be on May  9,  2006 at  12.00 pm.

5. To re-appoint the directors whose tenure has ended, as follows:
-      The directors whose tenure has ended are as follows:
            1.  Mr. Thavatchai      Jiaravudthi
            2.  Mr. Anukul            Ubonnuch
            3.  Mr.Gumpol      Tiyarat

- The directors being re-appointed are as follows :
            1.  Mr. Thavatchai      Jiaravudthi
            2.  Mr. Anukul            Ubonnuch
            3.  Mr. Gumpol      Tiyarat





-2-
The Company's directors are totally 10 persons as follows :

                  Name                                    Position

      1.       Dr. Sunthorn      Sathirathai     Chairman
      2.       Mr. Apichai       Taechaubol      Director, Executive Chairman,
                                                 and Managing Director
      3.       Mr. Sommart       Sangkhasap      Director and Audit
                                                 Committee  Member
      4.       Mr. Thavatchai    Jiaravudthi     Director and Executive Director
      5.       Mr. Prasong       Vara-ratanakul  Director and Audit
                                                 Committee Chairman
      6.       Mr. Nan           Kitjalaksana    Director and Audit
                                                 Committee Member
      7.       Mr. Anukul        Ubonnuch        Director and Executive Director
      8.       Mr. Gumpol        Tiyarat         Director and Executive Director
      9.       Mr. Chaisith      Viriyamettakul  Director
     10.       Miss Panlada      Phairojkijja    Director

6. To approve the director's remuneration at Baht 4,500,000.- per annum and
   authorized the Company's board of directors to allocate the remuneration.

7. To appoint the following auditors year for 2006.
                Name                  CPA No.             Auditing Firm
      1. Ms. Siraporn    Ouaanunkun    3844    Ernst & Young Office Company
                                               Limited or
      2. Ms. Tippawan  Nananuwat       3459    Ernst & Young Office Company
                                               Limited or
      3. Mr. Supachai   Phanyawattano  3930    Ernst & Young Office Company
         Limited
      - The auditing fees at Baht        670,000.- per annum.

8.      Other (if any)




                              Signature                              Authorized
Director
                                         (Mr. Apichai    Taechaubol)
                              Position         Managing Director
F : E-SH-RES