F 24-1 Form to Report on Names of Members and Scope of Work of the Audit Committee The Annual General Meeting of share holders Master Ad Public Company Limiled held on April 22, 2009 has approve the Appointment Mr.Prasert Virasathienpornkul to be the Chairman of the audit committee, which was effective from approved date. The detail are as follow: The audit committee is consisted of: 1. Mr. Prasert Virasathienpornkul Chairman of the Audit Committee Remaining Terms: as same as director of the company 2. Mr. Pornsak Limboonyaprasert Member of the Audit Committee Remaining Terms: as same as director of the company 3. Mrs.Ubolrat Bhokamonwong Member of the Audit Committee Remaining Terms: as same as director of the company Secretary of the Audit Committee: Miss.Tamonwan Narinthavanich The audit committee numbers 2 and 3 have adequate expertise and experience to review creditability of the financial reports. The Audit Committee of the Company has the scope of duties and responsibilities, 1. Review the company's financial statement for accurate, reliable and sufficient disclosure. 2. Review the efficiency and effectiveness of the company's internal control and internal audit. 3. Review the company's procedure to comply with the rules and regulations of the Stock Exchange of Thailand and other related regulatory. 4. Peruse the disclosure of related transaction 5. Follow the duties assigned by the Board of Directors and agreed by the Audit Committee. 6. Review and propose the appointment and remuneration for auditors 7. Prepare and sign in the audit committee report and disclose in the company's annual report with the following details: 7.1 Provide opinion for process and disclosure of information in financial statement to be accurate,reliable, and sufficient, 7.2 Provide opinion for sufficient internal control system, 7.3 Provide opinion for appropriation of the appointed auditor, 7.4 Provide opinion to comply with the rules and regulations of Security Exchange Committee, Stock Exchange of Thailand, and other related regulatory, 7.5 Other opinions which shareholders and investors should know under duties and responsibilities, The company hereby certifies that 1. The qualifications of the aforementioned members meet all the requirements of the Stock Exchange of Thailand; and 2. The scope of duties and responsibilities of the audit committee as stated above meet all the requirements of the Stock Exchange of Thailand .................................. ....................... (Noppadon Tansalarak) (Phiched Maneerattanaporn) Director Director