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Report On Shareholders' Meeting Resolution No.1/2006

Ref. 49/006

March 31, 2006

Re:      Report on Shareholders' Meeting Resolution no. 1 of the year 2006
To:      President of The Stock Exchange of Thailand

SiS Distribution (Thailand) Public Company Limited would like to report the
resolutions of The Annual General Meeting for the year 2006 which held on
March 31, 2006 at 10.00.  The meeting resolved as follows:

1. Certified the Minutes of The Annual General Meeting of shareholders 2005
which was held on March 30th, 2005.

2. Acknowledged The Company's Annual Report and the Board of Directors' Report
on the Company's operations for 2005.

3. Approved the Company's Financial Statements, Balance Sheet and Statement of
Income for the year ended 31 December 2005.

4. Approved the retained earnings appropriation and approved payment of the
dividends for the year 2005 to Shareholders whose names appear on the share
registration as of March 13, 2006 at 0.10 baht per share, for 200,856,300
shares, totaling 20,085,630 baht and the date of dividend payment would be on
April 28, 2006.And the appropriation 5% of the profit in total amount 4.5
million baht as the legal reserve.

5. Approved and elected Mr. Somchai Sittichaisrichart, Mr.Suwit  Chindasaguan,
and Mr.Lim Hwee Hai whom retired by rotation, to be directors. The director's
remuneration for the year 2006 is not more than 3,000,000 baht with depends on
consideration of board of directors to set in the detail of remuneration.

6. Approved to appointed of Mr.Supot  Singhasaneh, Certified Public Accountant
No.2826, Mr.Ekkasit  Chuthamsatid, Certified Public Accountant No. 4195 from
KPMG Phoomchai Audit Company Limted, as the Company's auditor for the year
2006 and approved the audit fee amount of  880,000 Baht. (excluding VAT)

7. No other matter was considered.


Yours faithfully,
SiS Distribution (Thailand) Public Company Limited


..........................................
(Mr.Somchai  Sittichaisrichart)
Managing Director