SET Announcements

Ref EE/SET/011/2010 April 29, 2010 Subject: Notification of Resolutions of the 2010 AGM To Director and Manager The Stock Exchange of Thailand Eternal Energy Public Company Limited would like to announce the resolutions made at the 2010 Annual General Meeting of Shareholders held on April 29, 2010 2 PM at Kingthong Room, Asia Hotel 296 Phayathai Road Bangkok. The details are as follows: 1. Approved the Minutes of the EGM 1/2009, held on August 31, 2009 with unanimous votes as follows: Agreed 2,421,754,684 votes or 100.00 % 2. Acknowledged the 2009 Company operating results and the Board of Directors' report. 3. Approved the audited and certified Balance Sheets and Income Statements for the year ended December 31, 2009 which had been reviewed by the Audit Committee and the Board of Directors, and audited by the auditor, with unanimous votes as follows: Agreed 2,421,758,684 votes or 100.00 % There was one additional shareholder with 4,000 shares and started to vote from this agenda. 4. Approved the omission of dividend payment for the year 2009 operating result with unanimous votes as follows: Agreed 2,421,758,684 votes or 100.00 % 5. Approved the appointment of three board members who retired by rotation namely, Dr. Borwornsak Uwanno, Mr. Surachai Suksriwong, and Mr. Vorakit Srangsriwong, to be directors of the Company for another term. The votings were made for each director and the meeting approved with unanimous votes as follows: 5.1 Dr. Borwornsak Uwanno, Independent Director and Chairman Agreed 2,421,758,684 votes or 100.00 % 5.2 Mr. Surachai Suksriwong, Director Agreed 2,421,758,684 votes or 100.00 % 5.3 Mr. Vorakit Srangsriwong, Director Agreed 2,421,758,684 votes or 100.00 % 6. Approved the appointment of Mr.Jadesada Hungsapruek (Auditor Permit No. 3759) or Miss Wimolsri Jongudomsombut (Auditor Permit No. 3899) or Miss Kannika Wipanurat (Auditor Permit No.7305), of Karin Audit Co.,Ltd. as the auditor of the Company and Subsidiaries for the year 2010 and approved the audit fee of Baht 1,070,000 with unanimous vots as follows: Agreed 2,421,758,684 votes or 100.00 % 7. Approved the director renumeration 7.1 Approved the renumeration for the Board of Directors, the Audit Committee, and the Risk Management Committee for the year 2010 at the same rate last year with the with unanimous votes as follows: Agreed 2,421,758,684 votes or 100.00 % 7.2 Approved the meeting fee for Sub-Committee, the Executive Committee: Baht 20,000/meeting but not exceed Baht 100,000/year for the Chairman and Baht 15,000/meeting but not exceed Baht 75,000/year for each member as proposed by the Board of Director, with unanimous votes follows: Agreed 2,421,758,684 votes or 100.00 % Please be informed accordingly, Yours faithfully, (Mr.Vorajate Indamra) Director