ACC.001/49 24 February 2006 Re: Notification of the Resolutions of the Board of Directors' Meeting No 1/2006 regarding Dividends Payment and Schedule of the Annual General Meeting of Shareholders for 2006. To: The President The Stock Exchange of Thailand The Board of Directors of Master ad Public Company Limited has resolved in the meeting No.1/2006 held on 24 February 2006 as the following matters: 1. Certified the Minutes of the Board of Directors' Meeting No. 4/2005 held on 11 November 2005. 2. Approved the balance sheet, the income statements and the cash flow statements for 2005 ended December 31, 2005 3. Approved the distribution of dividends to the Company's shareholders from the net profit between January 1, 2005 and December 31, 2005, at Baht 0.21 per share, totaling Baht 26,250,000.- The share register book to determine the right of shareholders to receive the dividends will be closed on 31 March 2006, at 12.00 noon and the date of dividends distribution will be on 15 May 2006. 4. Approved the appointment of 2 auditors of Grant Thornton as the Company's auditors for 2006 as follow: (1) Mrs.Sumalee Chokede-anun CPA. No.3322 (2) Mr.Somekid Tiatragul CPA. No.2785 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 1,765,000.- 5. Approved the appointment of directors replacing those retired by rotation and the determination of the authorized signatories of the Company for 2006. The details are as follows: 5.1) The rotated directors are as follow : (1) Mr.Noppadon Tansalarak Director/Chief Executive Officer (2) Mr.Prasert Virasathienpornkul Director/Audit Committee (3) Miss Napaporn Kraipanon Director/Audit Committee 5.2) The retiring directors are re-appointed are as follows: (1) Mr.Noppadon Tansalarak Director /Chief Executive Officer (2) Mr.Prasert Virasathienpornkul Director/Audit Committee 5.3) New member of Boards are as follow: (1) Mr.Akararus Ratanodayathon Director (2) Miss.Kullayanee Kittijitr Director/Audit Committee 5.4) The members of the Board of Directors will be as follows: (1) Pol. Sub.L.T.Kriengsal Lohachala Chairman of the Board /Chairman of the Audit committee (2) Mr.Noppadon Tansalarak Director /Chief Executive Officer (3) Mr.Phiched Maneerattanaporn Director (4) Mr.Tawat Meeprasertskul Director (5) Mr.Vichit Dilokvilas Director (6) Mr.Akararus Rattanodayathorn Director (7) Mr.Parames Rachjaibun Director (8) Mr.Prasert Virasathienpornkul Director/Audit Committee (9) Miss.Kullayanee Kittijitr Director/Audit Committee 5.5) The authorized signatories are as follows: " Mr.Noppadon Tansalarak and Mr.Akararus Rattanodayathorn jointly sign with the companys seal affixed. " 6. Approved the directors' remuneration for 2006 is up to Baht 1,800,000. The remuneration for 2006 will be proposed to the Annual General Meeting of shareholders 2006 for further approval. 7. Approved the holding of the Annual General Meeting of Shareholders on 20 April 2006 at 14.00 hrs. at conference room of Master Ad Plc. No.1 6 Floor Soi Ladprao 19, Ladprao Rd., Chompol, Chatuchak Bangkok, 10900 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 2005, held on 22 April 2005 ; Agenda 2 To consider and certify the Board of Directors' report on the Company operating results for 2005; Agenda 3 To consider and approve the Company's balance sheet, statement of income and statement of cash flow for 2005, ended December 31, 2005 ; Agenda 4 To consider and approve the appropriation of the net profit of the Company for 2005; Agenda 5 To consider and approve the appointment of the Company's auditors and the auditors' remuneration for 2006 ; Agenda 6 To consider and approve the election of directors replacing those retired by rotation and determine the authorized signatories of the Company for 2006 ; Agenda 7 To fix the directors remuneration for 2006; 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 2006 from 31 March 2006 at 12.00 noon until the Annual General Meeting of Shareholder for 2006 is adjourned. Please be informed accordingly Your Sincerely, Noppadon Tansalarak Director Phiched Maneerattanaporn Director