ACC.010/2549 November 14, 2006 President The Stock Exchange of Thailand 62 Rachadapisek, Klongtoey Bangkok 10110 Subject: Resignation of Director Master Ad Public Company Limited would like to inform that Pol.Sub.Lt Kriengsak Lohachala, our Chairman of the Board of Director and Chairman of the Audit Committee, resigned from the Board of Directors with effective from 14 November 2006 Due to the resignation, Master Ad Public Company Limited Board of Directors would consist of 8 directors as shown below: 1.Mr. Parames Rachjaibun Independent Director and Interrim Chairman 2.Mr.Vichit Dilokvilas Director 3.Mr. Noppadon Tansalarak Director and Chief Executive Officer 4.Mr.Phiched Maneerattanaporn Director 5.Mr.Tawat Meeprasertskul Director 6.Mr. Prasert Virasathienpornkul Independent Director and Interrim Chairman of Borad of Audit Committee 7.Miss. Galayanee Kittijitr Independent Director and Member of the Audit Committee 8.Mr.Akararus Rattanodayathorn Director and Chief Operating Officer As a consequence of the resignation, the number of independent committees of the company will be short of SET rules and regulations in respect of Board of Directors. Therefore, the company's Board of Directors have been in selection and appointment procedures of qualified independent committee in substituting the vacancy. In the meantime, the company's Board of Directors has unanimously voted and consented to appoint Mr. Parames Rachjaibun to be Interim Chairman of Board of Directors and . Mr. Prasert Virasathienpornkul to be Interim Chairman of Board of Audit Committees. (Noppadon Tansalarak) (Phiched Maneerattanaporn) Director Director