ACC.002/50 27 February 2007 Re: Notification of the Resolutions of the Board of Directors' Meeting No 1/2007 regarding Dividends Payment and Schedule of the Annual General Meeting of Shareholders for 2007. To: The President The Stock Exchange of Thailand The Board of Directors of Master ad Public Company Limited has resolved in the meeting No.1/2007 held on 26 February 2007 as the following matters: 1. Certified the Minutes of the Board of Directors' Meeting No. 6/2006 held on 25 December 2006 2. Approved the balance sheet, the income statements and the cash flow statements for 2006 ended December 31, 2006 3. Resolution to present at the shareholders meeting about the dividends payment for operation of the fiscal year 2006 (ended 31 Dec ). The value of dividend at the end of the year is Baht 0.22 pershare, totaling Baht 27,500,000; The share register book to determine the right of shareholders to receive the dividends will be closed on 4 April 2007, at 12.00 noon and the date of dividends distribution will be on 10 May 2007. 4. Approved the appointment of 2 auditors of Grant Thornton as the Company's auditors for 2007 (1) Mr.Somekid Tiatragul CPA No.2785 (2) Mrs.Sumalee Chokede-anun CPA. No.3322 Any of these auditors will be responsible for auditing, giving comments and signature on the Company's financial statements. The auditors' remuneration, including quarterly and annual, is up to Baht 1,770,000. 5. Approved the appointment of directors replacing those retired by rotation will be proposed to the Annual General Meeting of shareholders 2007 for further approval. The details are as follows: 5.1) The rotated directors are as follow : (1) Mr.Phiched Maneerattanaporn Director (2) Mr.Tawat Meeprasertskul Director (3) Miss Budsabong Limrattana Director/Audit Committee 5.2) The retiring directors are re-appointed are as follows: (1) Mr.Phiched Maneerattanaporn Director (2) Mr.Tawat Meeprasertskul Director 5.3) New member of Boards are as follow: (1) Mr.Sanor Thampipattanakul Director/Audit Committee (Company Director and Audit Committee to replace Miss Budsabong Limrattana) 6. Approved the director's remuneration for 2007 is up to Baht 1,920,000.- The remuneration for 2007 will be proposed to the Annual General Meeting of shareholders 2007 for further approval. 7. Approved the holding of the Annual General Meeting of Shareholders on 20 April 2007 at 14.00 hrs. at Chao Samphaya Room, 4th Floor, The Grand Hotel Bangkok 238 Rachadapisek Road, Huay-Kwang, Bangkok 10320 The agendas to be considered and approved in the meeting are as follows; Agenda 1 To consider and certify the Minutes of the Annual General Meeting of Shareholders for 2006, held on April 20, 2006; Agenda 2 To consider and approve the Board of Directors' report on the Company operating results for 2006; Agenda 3 To consider and approve the Company's balance sheet, statement of income and statement of cash flow for 2006, ended December 31, 2006 ; Agenda 4 To consider and approve the dividend payment for the operation from 1 January 2006 to 31 December 2006: Agenda 5 To consider and approve the election of directors replacing those retired by rotation ; Agenda 6 To fix the directors remuneration for 2007; Agenda 7 To consider and approve the appointment of the Company's auditors and the auditors' remuneration for 2007 ; Agenda 8 To consider other matters (if any) The Company will close the share register book to determine the shareholders who are eligible to attend and vote in the Annual General Meeting of Shareholders for 2007 from 4 April 2007 at 12.00 noon until the Annual General Meeting of Shareholder for 2007 is adjourned. The Company will also publicize the Notice of Annual General Meeting of Shareholders 2007 together with all related documents (the same version to be sent to shareholders) on the companys website (www.masterad.com) with in March 20, 2007 Please be informed accordingly Your Sincerely, Noppadon Tansalarak Director Phiched Maneerattanaporn Director