28 February 2005
Resolutions of BOD2/2005
Ref: MCOT/ 6104 (1) /581
February 25, 2005
The Stock Exchange of Thailand
Attn: The President
Re: Resolutions of the Board of Directors Meeting No. 2/2005
MCOT Public Company Limited
Dear Sir:
We, MCOT Public Company Limited have organised a meeting of the Board of
Directors No. 2/2005 on February 25 2005 at 2.00 p.m. at the Meeting Room
6 th Floor, MCOT Broadcasting Operations Building 63/1 Rama IX Road
Huay Kwang Sub District Huay Kwang District Bangkok 10310. The Meeting
has resolved the following matters:
1. The Meeting approved the Company s Balance Sheet for the period between
1 October and 31 December 2004.
2. The Meeting approved a Baht10 million loan with the annual interest rate
of MLR 5.75% to Panorama Worldwide Company Limited its subsidiary,for
enhancing its subsidiary s ability to accommodate the increasing amount
of work. The monthly payments of principal of Baht 500,000 and interest
shall commence in June 2005.
3. The Meeting approved the Company s organisational restructuring as shown
in the table below.
Position Number of Positions Number of Positions
Before Restructuring After Restructuring
Executive Vice President 4 8
Vice President 9 18
Department Chief 24 47
Sincerely yours,
(Mr. Thanachai Wongthongsri)
Chief, Corporate Law Department
MCOT Public Company Limited