Resolutions of the Annual General Meeting of Shareholders No. 74

- Translation –

Ref. MGT/SET/07/004 Date : 23^rd April 2007

Re Resolutions of the Annual General Meeting of Shareholders No. 74

To The President

The Stock Exchange of Thailand

The Annual General Meeting of Shareholders No. 74 of Christiani & Nielsen (Thai) Public Company Limited was held on 23^rd April 2007 at 9.30 hours, at the office of the Company and has approved the following resolutions:

1. Approved minutes of the Annual General Meeting of Shareholders No. 73 held on 21 April 2006.

The Meeting has approved this agenda by an unanimous vote

Approve 40 Votes No. of shares 320,289,755 Equivalent to 100%

Approve - Votes No. of shares - Equivalent to -

of the total votes of shareholders attending the meeting and having the rights to vote.

2. Acknowledged the annual report of the Board of Directors of the year 2006.

The Meeting has acknowledged this agenda by an unanimous vote

Approve 40 Votes No. of shares 320,289,755 Equivalent to 100%

Approve - Votes No. of shares - Equivalent to -

of the total votes of shareholders attending the meeting and having the rights to vote.

3. Approved the Company’s audited financial statement as of 31 December 2006.

The Meeting has approved this agenda by an unanimous vote

Approve 40 Votes No. of shares 320,289,755 Equivalent to 100%

Approve - Votes No. of shares - Equivalent to -

of the total votes of shareholders attending the meeting and having the rights to vote.

4. Approved the transfer of and dividend payment for the year 2006 as follows:

4.1 Approved dividend payment of 0.05 Baht (5 Stang) per share to shareholders registered in Company’s shareholders book as of 8 May 2007 from 12.00 hours onward. Total dividend payment is Baht 20,058,084.10 scheduled to be paid on 21 May 2007.

4.2 Approved the allocation of net profit in the amount of Baht 2,577,369 (5% of net profit) to legal reserve in additional to the reserve of Baht 22,234,821. The total legal reserve is Baht 24,812,190.

The Meeting has approved this agenda by an unanimous vote

Approve 40 Votes No. of shares 320,289,755 Equivalent to 100%

Approve - Votes No. of shares - Equivalent to -

of the total votes of shareholders attending the meeting and having the rights to vote.

5. Approved the re-appointment of the directors, who were due to retire by rotation, to be the directors of the Company for another term as follows : (1) Mr. Michael David Selby, (2) Mr. Amnart Intrasuksri (3) Mr. Vinai Vamvanij and (4) Ms. Jurairat Suksawatdi Na Ayudhaya,

Approve the directors’ monthly remuneration for the year 2007 (the same as previous year) as follows:

Chairman of the Board of Directors Baht 40,000.-

Chairman of the Audit Committee Baht 60,000.-

Audit Committee Baht 50,000.-

Director Baht 20,000.-

The Meeting has approved this agenda by an unanimous vote

Approve 40 Votes No. of shares 320,289,755 Equivalent to 100%

Approve - Votes No. of shares - Equivalent to -

of the total votes of shareholders attending the meeting and having the rights to vote.

6. Approved the appointment of Mr. Narong Puntawong, an auditor with the license no. 3315 and/or Ms. Saifon Inkaew, an auditor with the license no. 4434 and/or Ms. Siraporn Ouaanunkun an auditor with the license no. 3844 of Ernst & Young Office Limited as the statutory auditors of the Company for the year 2007 and fixed their remuneration of Baht 1,900,000.

The Meeting has approved this agenda by an unanimous vote

Approve 40 Votes No. of shares 320,289,755 Equivalent to 100%

Approve - Votes No. of shares - Equivalent to -

of the total votes of shareholders attending the meeting and having the rights to vote.

Please be informed accordingly.

-Signed-

Danuch Yontararak

Director and Company Secretary