- TRANSLATION -

Ref: MGT/SET/010/2006

21 July 2006

Attention:     The President

                    The Stock Exchange of Thailand

Subject:      The Resignation of Directors of the Company

Christiani & Nielsen (Thai) Public Company Limited would like to inform that Mr. Payont Sakdejayont has resigned from being a director of the Company with effect on July 31, 2006 onwards.

The Company has not yet appointed any person for said position at the moment.

Please be informed accordingly.

Yours sincerely,

- Signed -

Jurairat Suksawatdi

Director – Finance & Administration