News

Resolution Of The Board Of Directors Meeting No.1/2006

Ref. SIS003/2549
February 24, 2006

Subject : Resolution of the Board of Directors Meeting No. 1/2006
To         : Managing Director
               The Stock Exchange of Thailand

The Board of Directors Meeting of SiS Distribution (Thailand) Public Company
Limited No.1/2006 on 24th February 2006 at Jupiter room, 65, 4th Floor,
Chamnanpenchati Business Center Bldg., Rama9 Road, Huaykwang, Bangkok 10320 has
resolution as follows

1. Approval of financial statement of the company for the year 2005 ended 31st
December 2005 which had been audited by the certified public accountants.

2. Approval of the allotment of net profit for the Year 2005 into statutory
reserve in the amount of 4,500,000 baht and propose dividend payment to the
Company's Shareholders whose names appear on the share registration as of 13th
March 2006 at the rate of 0.10 baht per share, in total amount  20,085,630 baht
and the date of dividend payment would be on 28th April 2006.

3. Approval to propose to re-appointment Mr.Somchai  Sittichaisrichart, Mr.Lim
Hwee Hai and Mr.Suwit  Chindasaguan who would retire by rotation for another
term.  The director's remuneration for the year 2006 is not more than the total
amount of 3,000,000 baht.

4. Approval to appointment of Mr.Supot  Singhasaneh, Certified Public Accountant
No.2826, Mr.Ekkasit  Chuthamsatid, Certified Public Accountant No.4195 of KPMG
Phoomchai Audit Co.,Ltd. as the company's auditors for the year 2006 with the
auditing fee of 880,000 baht.

5. Approval to set up the Annual General Meeting of Shareholders No.1/2006 on
31st March 2006.  The place and time will be informed later, to consideration
and approval the following agenda :

1. To certify the Annual General Meeting of Shareholders meeting minute
No.1/2005.
2. To acknowledge the report on the Company's Operating Results in the year
2005 and approve the Annual Report.
3. To certify and approve the audited financial statements for the year ended
on 31st December 2005.
4. To consider and approve the dividend payment and the appropriation of the
profit as the legal reserve.
5. Approval to propose to re-appointment directors replacing those who would
retire by rotation for another term and to determine the director's remuneration
6. To consider and approve the appointment of auditors and to determine
auditor's remuneration
7. To consider any other business (if any)

6. That the Shareholder Registration be closed from 13th March 2006 at 12.00
(noon) until conclusion of the Annual General meeting of Shareholder in order
to determine the shareholders' entitlement to attend the Annual General Meeting
of Shareholder No.1/2006 and in order to determine the Shareholders' entitlement
to receive dividend.

7. That the shareholder registration be closed on 13th March 2006 at 12.00
(noon) in order to determine the Shareholders' entitlement of receive dividends.


Your Faithfully,
SiS Distribution (Thailand) Public Company Limited



(Mr.Sombati  Pungsrinont)
Executive Director