SET Announcements

Sor.Kor. 0571/2008 October 9 ,2008 Subject : Report on the Shareholder's Extraordinary Meeting No.1/2008 To : Managing and Director, The Stock Exchange of Thailand Sikarin Public Company Limited would like to report on the Shareholder's Extraordinary meeting No.1/2008 which held on October 9,2008 from 9.00 a.m. at the meeting room,2nd floor,Sikarin Hospital which located at 4/29 moo 10 Srinakarin Road, Bangna District ,Bangkok. The details of t he resolution are as follows:- 1) Certified the Minutes of the Annual General Meeting of Shareholders No. 30 held on April 10,2008. Details of vote were as follows :- The number of shares of the shareholders attending and having the right to vote in this agenda was 46,580,706 shares. Resolutions of the meeting were as follows:- Resolution Number of shares % of total shares of the shareholders Attending and having the right to vote Agree 46,570,706 99.9785 Disagree 0 0.0000 Abstain 10,000 0.0215 2) Approved the decrease of registered capital and paid-up capital of Sikarin Public Company Limited. The reduction of the registered and the paid-up capital of the Company is the reduction of both the registered share capital of 140,000,000 shares and the paid-up capital of 100,000,000 shares by decreasing the par value of such shares from Baht 10.00.- to Baht 6.50 apiece ( the number of shares remains unchanged). Such implemented in order to use the Baht 350,000,000 of the excess of capital derived from reduction of capital via reduction of par value to eliminate the remaining of the Company's retained loss of Baht 714,820,000 as of December 31, 2007 after it's reduced by statutory reserve retained earning Baht 6,875,000 and premium on share capital Baht 365,053,350 orderly. The capital surplus Baht 7,107,485 arising from the decease of the par value will be recorded in the shareholder's equity as the capital surplus. By doing so, the number of shares held by each shareholder and the Company's total book value won't be affected, thus enabling Sikarin, if the opening results in the future are as good as those in the past, to pay dividend to shareholders. The number of shares of the shareholders attending and having the right to vote in this agenda was 46,609,706 shares. Resolutions of the meeting were as follows:- Resolution Number of shares % of total shares of the shareholders Attending and having the right to vote Agree 46,599,706 99.9785 Disagree 10,000 0.0215 Abstain 0 0.0000 3) Approve Sikarin Public Co., Ltd.'s Section 4 in the Memorandum of Association in line with the par value reduction as follows: Current version "Section 4. Registered capital, Bt1,400,000,000 (one billion four hundred million Baht) Divided into 140,000,000 shares (one hundred and forty million shares) Valued at Bt10 per share (ten Baht) Comprising 140,000,000 common shares (one hundred and forty million common shares) - preferred shares "(.)" Amended version "Section 4. Registered capital, Bt910,000,000 (nine hundred and ten million Baht) Divided into 140,000,000 shares (one hundred and forty million shares) Valued at Bt6.50 per share (six point five Baht) Comprising 140,000,000 common shares (one hundred and forty million common shares) - preferred shares "(.)" The number of shares of the shareholders attending and having the right to vote in this agenda was 46,609,706 shares. Resolutions of the meeting were as follows:- Resolution Number of shares % of total shares of the shareholders Attending and having the right to vote Agree 46,599,706 99.9785 Disagree 10,000 0.0215 Abstain 0 0.0000 4) Others (if any) -no- Please notify to investor. Yours faithfully, (Mr.Sompol Wongurai) Director