ACC.001/51 25 February 2008 Re: Notification of the Resolutions of the Board of Directors' Meeting No 1/2008 regarding Dividends Payment and Schedule of the Annual General Meeting of Shareholders for 2008. To: The President The Stock Exchange of Thailand The Board of Directors of Master ad Public Company Limited has resolved in the meeting No.1/2008 held on 22 February 2008 as the following matters: 1. Certified the Minutes of the Board of Directors' Meeting No. 4/2007 held on 13 November 2007. 2. Approved the balance sheet, the income statements and the cash flow statements for 2007 ended December 31, 2007. 3. Resolution to present at the shareholders meeting about the dividends payment for operation of the fiscal year 2007 (ended 31 Dec). The value of dividend at the end of the year is 0.25 Baht pershare, totaling Baht 31,250,000; The share register book to determine the right of shareholders to receive the dividends will be closed on 3 April 2008, at 12.00 noon and the date of dividends distribution will be on 9 May 2008. 4. Approved the appointment of 2 auditors of Grant Thornton as the Company's auditors for 2008 (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 1,905,000.- 5. Approved the appointment of directors replacing those retired by rotation will be proposed to the Annual General Meeting of shareholders 2008 for further approval. The details are as follows: 5.1) The rotated directors are as follow : (1) Mr.Parames Rachjaibun Chairman of the Board of Director (2) Mr.Prasong Aimmanoj Director (3) Miss.Galayanee Kittichit Director/Audit Committee 5.2) The retiring directors are re-appointed are as follows: (1) Mr.Parames Rachjaibun Vice Chairman of the Board of Director (2) Mr.Prasong Aimmanoj Director 5.3) New member of Boards are as follow: (1) Pol. Sub.L.T.Kriengsak Lohachala Chairman of the Board of Director (2) Mr. Pornsak Limboonyaprasert Director /Audit Committee (3) Miss. Kasinee Atchanapornkul Director 6. Approved the director's remuneration for 2008 is up to Baht 2,540,000.- The remuneration for 2009 will be proposed to the Annual General Meeting of shareholders 2008 for further approval. 7. Approved the holding of the Annual General Meeting of Shareholders On 22 April 2008 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 certify the Minutes of the Annual General Meeting of Shareholders for 2007 held on April 20, 2007; Agenda 2 To cerify the Board of Directors' report on the Company operating results for 2007; Agenda 3 To approve the Company's balance sheet, statement of income and statement of cash flow for 2007 ended December 31, 2007; Agenda 4 To approve the dividend payment for the operation from 1 January 2007 to 31 December 2007; Agenda 5 To approve the election of directors replacing those retired by rotation; Agenda 6 To fix the directors remuneration for 2008; Agenda 7 To approve the appointment of the Company's auditors and the auditors' remuneration for 2008; 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 2008 from 3 April 2008 at 12.00 noon until the Annual General Meeting of Shareholder for 2008 is adjourned. The Company will also publicize the Notice of Annual General Meeting of Shareholders 2008 together with all related documents (the same version to be sent to shareholders) on the company s website (www.masterad.com) with in March 20, 2008 8. Approved to appoint Miss.Tamonwan Narintavanich to be the Company Secretary effective from February 22, 2008 Please be informed accordingly Your Sincerely, Noppadon Tansalarak Director Phiched Maneerattanaporn Director