Right of shareholders to convene AGM, pay dividend

February 23,2009 SBN. 001/2009 Subject : Resolutions to the Board of Directors' Meeting No. 1/2009 To : Managing Director The Stock Exchange of Thailand Enclosure : Form to Report on Names of Members and Scope of Work of Audit Committee (F24-1) Sabina Public Company Limited hereby reports the resolutions of the Board of Directors' Meeting No.1/2009,which was held on February 23,2009 has resolved as Follows: 1. Acknowledged the reports of the Company's operating results for the year ended December 31,2008 2. Certified Balance Sheet and Income Statements for the year ended December 31,2008 3. The annual dividend payment for the operation of the year 2008 will be Baht 1.40 per share, totaling Baht 97,300,000 paid out of net profits gained from corporate tax exempted business (BOI) under Certificate of BOI Promotion No.1653 (2)/2545 but the board of directors had agreed and made the interim payments at Baht 0.75 per share, totaling Baht 52,125,000 ,so the balance of Baht 0.65 per share, totaling Baht 45,175,000 ,will be paid to shareholders on May 22,2009 and determine the right of the shareholders to receive the dividend on May 11,2009 and collect list of shareholders for Section 225 of Statute of Securities and The Stock Exchange of Thailand by closed the share register book on May 12,2009 4. Resolution to re-appointment of Audit Committee whose term has ended for another term. The re-appointed Audit Committee members are as follows : 1) Miss Rawewan Pepayopanakul Chairman of the Audit Committee 2) Mr.Somchai Vanavit Audit Committee Member 3) Mr.Yuthana Adipath Audit Committee Member Secretary of the audit committee : Miss Nuanchan Hansakulbunterng The Audit Committee has term of 2 years ,effective from May 3 ,2009 onwards. 5. Resolution to change in the scope of duties and responsibilities of Audit Committee as prescribed in the Notification of The Stock Exchange of Thailand , Re: Qualification and Scope of Work of the Audit committee ,2008. It should be effective from February 23,2009 onwards ,the details of which are appeared in the enclosure attached hereto. 6. Resolution to re-appointment of directors who retired by rotation for another term The retired directors are 1) Mr.Viroj Thanalongkorn Board of Director Chairman 2) Mr.Apisit Jongkittipong Director 3) Mr.Somchai Vanavit Director and Independent Director and appointment Mr. Somchai Vanavit as Independent Director too. 7. Resolution to appointment of new director is Mr. Aphinan Busabok 8. Resolution the directors' remuneration for the year 2009,as follows : Basic remuneration is equal for each director and responsibility's remuneration for another assignment equal to the year 2008 Chairman of the Board of Directors Baht 30,000 /per person/per month Chairman of the Audit Committee Baht 5,000 /per person/per month Chairman of the Board of Management Baht 5,000 /per person/per month Board of Directors Baht 10,000 /per person/per month Audit Committee Baht 5,000 /per person/per month Board of Management Baht 5,000 /per person/per month Pension 2 percent of net profit for each quarter ,payment for each quarter and also the authority of the Board of Director in determining the amount of remuneration payable to each director 9. Resolution to appointment of Professor Kesaree Narongdej CPA Licence No.76 or Mrs. Natsarat Sarojchanunjean CPA Licence No.4563 or Mr.Chaiyuth Angsuwittaya CPA Licence No.3885 from the office of A.M.T Associate as the Company's auditors for the year 2009 with the remuneration as follows : Annual auditor's remuneration Baht 650,000 Consolidated auditor's remuneration Baht 100,000 Quarterly review for quarter 1,2 and 3 Baht 360,000 totaling Baht 1,100,000 other expenses :travel, stamp, fax etc. will pay for actual expenses 10. Resolution to determine the right of the shareholders to convene the Annual General Meeting of shareholders No.1/2009 on March 11,2009 and collect list of shareholders for section 225 of Statute of Securities and The Stock Exchange of Thailand by closed the share register book on March 12,2009 and determine the convening of the Annual General Meeting of shareholders No.1/2009 on April 24,2009 at 14.00 hr at branch of company ,7th floor, 12 Arunamarin Road ,Khwang Arunamarin, Khet Bangkoknoi, Bangkok and has agenda as follows : Agenda Item 1 to certify the minutes of the Annual General Meeting of Shareholders No.1/2008 Agenda Item 2 to acknowledge the reports of the Company's operating results for the year ended December 31,2008 Agenda Item 3 to consider and approve the balance sheet and income statements for the year ended December 31,2008 Agenda Item 4 to consider and approve the annual dividend payment and appropriation of statutory reserve for the year 2008 Agenda Item 5 to consider and approve to re-appointment of directors who retired by rotation for another- term Agenda Item 6 to consider and approve to appointment of new director Agenda Item 7 to consider and approve the directors' remuneration for the year 2009 Agenda Item 8 to consider and approve to appointment the auditor and the auditor's remuneration Agenda Item 9 to consider other matters (if any) Please be informed accordingly . Respectfully yours (Mr.Bunchai Punturaamporn) Chief Executive Officers