ACC.005/48 25 April 2005 President The Stock Exchange of Thailand 62 Rachadapisek Road, Klongtoey Bangkok 10110 Subject : The Resolutions of the AGM. Master Ad PLC (MACO or the Company) would like to inform the Resolution of the 2005 Annual General Meeting held on 22 April 2005 as follows; 1) Certified the Minutes of the AGM No.1/2004 held on 30 March 2004 2) Approved the 2004 Annual Report of the Board of Directors. 3) Approved the Company Audited Balance Sheet and Income Statement For the fiscal year ended 31 December 2004. 4) Approved the profit allocation for legal reserve amounted Baht 4,227,602.95 and dividend paid at Baht 0.24 pershare for 125,000,000 shares amounting to Baht 30,000,000.- to be paid to shareholders on 13 May 2005. 5) Appointed Grant Thornton Thailand Co.,Ltd. by Mrs.Sumalee Chokede-anun CPA no.3322 and/or Mr.Somekid Tiatragul CPA no.2785 as the company's Auditor for the year 2005 at the audit fee not more Baht 650,000 . 6) Re-Appointed the following 3 director whose term expire to take office for one more term: They are Mr.Tawat Meepraserskul, Mr.Vichit Dilokvilas and Miss.Napaporn Kraipanon. Also set the remuneration budget for all directors at not more the Baht 1,740,000. Please be informed accordingly. Yours sincerely, (Noppadon Tansalarak) (Phiched Maneerattanaporn) President & CEO Director