Ref: MCOT 6124/2507 October 26, 2007 The Stock Exchange of Thailand Attn: President Re: Resolutions of the Board of Directors Meeting No.16/2007 of MCOT Public Company Limited Dear Madam, We, MCOT Public Company Limited, have organized a meeting of the Board of Directors No.16/2007 on 26 October 2007 at 1.00 p.m. at the Meeting Room, 6th Floor, MCOT Administration Building, 63/1 Rama IX Road, Huay Kwang Sub-District, Huay Kwang District, Bangkok 10310. The Meeting has resolved as follows: 1. Approved the schedule of the Extraordinary General Meeting (EGM) of the Shareholders No. 1/2007 on 30 November 2007 at 2.00 pm at the Studio 1, Television Building, MCOT Public Company Limited, 63/1 Rama IX Rd., Huay Kwang Subdistrict/District, Bangkok 10310, and certified the closing date of the shareholders registration book on 9 November 2007 at 12.00 am. 2. The agenda for the EGM No. 1/2007 are as follows: Agenda 1 Report from the Chairman. Agenda 2 To certify the Minutes of the Annual General Meeting of Shareholders 2007 on 26 April 2007. Agenda 3 To acknowledge the appointment of the replacement Directors and the appointment of new President of MCOT Plc. Agenda 4 To consider for approval of the appointment of 3 more new Directors. Agenda 5 To certify the payment of a baht 0.55 -per-share interim dividend for the period of 1 January-30 June 2007 Agenda 6 Other Matters (If Any). -2- 3. Assigned Mr.Chanchai Soontharamut, Chairman of the Audit Committee and the Independent director, as a proxy to vote on behalf of shareholders who cannot attend the EGM No.1/2007 on 30 November 2007. 4. Approved the appointment of the 3 more new directors as proposed by the Nomination Committee. The name lists are as follows: 1. Mr. Sahas Treetipbut 2. Mr. Sudhiporn Patumtaewapibal 3. Miss Rosana Tositrakul And proposed to the EGM No.1/2007 for approval. 5. Approved the Minutes of the Annual General Meeting of Shareholders 2007 on 26 April 2007 and proposed to the EGM No.1/2007 for approval. 6. Approved the loan transaction to Panorama Worldwide Co., Ltd., subsidiary of MCOT, as the working capital for the company. The transaction amounting to Baht 10,000,000 proposed with the terms of payment, starting paid in December 2007, equal to Baht 50,000 monthly payment plus MLR (5.75%) as interest. Sincerely yours, (Mr. Polchai Vinijchaikul) Vice President, Legal Affairs Office MCOT Public Company Limited Investor Relations Department Tel. 0 2201 6454, 6388 Fax 0 2245 1854