MCOT Public Company Limited 63/1 Rama IX Road, Huaykwang Bangkok 10310 Thailand Phone +66 (0) 2201 6000 Fax +66 (0) 2245 1435 E-mail Contact@mcot.net Ref: MCOT/ 6100/599 February 28, 2008 The Stock Exchange of Thailand Attn: The President Re: Resolutions of the Board of Directors' Meeting No.2 /2008 of MCOT Public Company Limited Dear Madame, We, MCOT Public Company Limited, have organized a meeting of the Board of Directors No. 2/2008 on February 28, 2008 at 14.00 hours 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 resolved as follows: 1. Approved the balance sheets and statements of income ended December 31, 2007. 2. Approved the schedule of the 2008 Annual General Meeting of the Shareholders on 24 April 2008 at 13.30 hours at Chaturathit Room, Radisson Hotel, 92 Soi Saengcham, Rama IX Rd., Huay Kwang, Bangkok 10320. The Meeting's agendas are as follows: Agenda 1: Report from the Chairman Agenda 2: To certify the Minutes of The Extraordinary Meeting of Shareholders No. 1/2007 on 30 November 2007 Agenda 3: To acknowledge the report on the Company's operating results for the year 2007 (for the period between 1 January - 31 December 2007) Agenda 4: To consider for approval of the Company's balance sheets and statements of income for the period ended 31 December 2007 Agenda 5: To consider for approval the payment of dividend for the year 2007 (for the period between 1 January - 31 December 2007) Agenda 6: To acknowledge the resignation by rotation of the Company's directors and the appointment of replacement directors Agenda 7: To consider for approval of the determination of remunerations of the Company's directors Agenda 8: To acknowledge the appointment of the Company's Auditor and the determination of the audit fee for the year 2008 Agenda 9: Others (if any) 3. Certified the payment of a Baht-1.29 -per-share dividend or 80 % of net profit for the period between 1 January- 31 December 2007 (a Baht 0.55-per-share interim dividend has been paid on 11 September 2007 for the operating result of the period between 1 January - 30 June 2007).The payment of a Baht-0.74 -per-share dividend for the period between 1 July - 31 December 2007 is scheduled on 16 May 2008, and will be proposed to the 2008 Annual General Meeting of the Shareholders . 4. Certified the closing date of the shareholders registration book for the rights to attend the 2008 Annual General Meeting of the Shareholders and to receive the dividend on April 3 ,2008 at 12.00 hours. -2- 5. Assigned Mrs. Wilasinee Adulyanon , Audit Committee and the Independent Director, as a proxy to vote on behalf of shareholders who cannot attend the 2008 Annual General Meeting of the Shareholders on 24 April 2008. 6. Certified the appointment of the Office of the Auditor General (OAG) as the Company's Auditor and the determination of the Baht 1.5 million audit fees for the year 2008. 7. Assigned the Nomination Committee to nominate qualified persons to be appointed as replacement directors and propose to the 2008 Annual General Meeting of the Shareholders. The directors who resign by rotation from the directorship are as follows: 1. Mr. Chulayuth Hirunyavasit 2. Mrs. Pornpimol Juruphan 3. Mr.Sahas Treetipbut 4. Mr.Sudhiporn Patumtaewapibal 8. Assigned the Compensation Committee to determine the 2008 remunerations of the Company's directors and propose to the 2008 Annual General Meeting of the Shareholders. Sincerely yours, (Mr. Polchai Vinijchaikul) Vice President Legal Affairs Office MCOT Public Company Limited Investor Relations Department Tel. 0 2201 6388, 02 201 6454 Fax 0 2245 1854