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No. TTW/0066/10

8 February 2010

Subject : Dividend Payment and the 2010 Annual General Meeting Shareholders

Attention : President The Stock Exchange of Thailand

The Board of Directors meeting No.2/2552 of Thai Tap Water Supply Public Company Limited ('TTW'), held on 25 February 2009, passed resolutions as follow:

1. Approval the 2009 Financial Statement
   
   
2. Approved the dividend payment from the Company's operating result under BOI promotional privileges during 1 July to 31 December 2009, amount of Baht 678,300,000 or Baht 0.17 per share for 3,990,000,000 shares. The Record Date specifies the list of shareholders entitled to receive dividend is on Monday, 22 February 2010, and the list of shareholders shall be complied pursuant to Section 225 of the Securities and Exchange Act by closing of the share register book to suspend the share transfer on Tuesday, 23 February 2010. The dividend payment date is set on Monday, 26 April 2010. In total, the Company paid dividend Baht 0.28 per share from the full-year operating result of 2010. However, final approval of the dividend payment will be resolve in the 2010 Annual General Meeting of Shareholder.
   
   
3. Resolved that the 2010 Annual General Meeting of Shareholders be held on Friday, 2 April 2010 at 9:00 a.m. at Professor Sangvean Meeting Hall, the Stock Exchange of Thailand. The Record Date specifies the list of shareholders entitled to attend the meeting is at 22 February 2010, and the list of shareholders shall be complied pursuant to Section 225 of the Securities and Exchange Act by closing of the share register book to suspend the share transfer at 23 February 2010.
   
   
4. Resolved to set the agendas of the 2010 Annual Ordinary General Meeting of Shareholders as follow:
   
   Agenda 1 To Approve the Minutes of the 2009 Annual Ordinary General Meeting of Shareholders;
   Opinion of Board of Directors : The Minutes of the 2009 Annual Ordinary General Meeting of Shareholders should be approved.
   
   Agenda 2 Acknowledgement of 2009 Annual Performance Report
   Opinion of Board of Directors : The 2009 Annual Performance Report should be acknowledged.
   
   Agenda 3 Approval of the 2009 Financial Statements
   Opinion of Board of Directors : The 2009 Financial Statements should be approved.
   
   Agenda 4 Approval of Appointment of Auditor and Determination of Remuneration of the year 2009
   Opinion of Board of Directors : The appointment of Mr. Supachai Phanyawattano and/or Ms.Siraporn Ouaanunkul and/or Ms. Khitsada Lerdwana, auditors from Ernst & Young Office Limited, to assume the duty of the Company's auditor and determination of remuneration of year 2010 of not exceeding 1,125,000 Baht should be approved.
   
   Agenda 5 Approval of Profit Appropriation
   Opinion of Board of Directors : The allocation of 2009 net profit of the business under the investment promotion to other reserve at the amount of 148,534,578 Baht and the dividend payment from the operating result of the second half of 2009 amount of 678,300,000 Baht, or 0.17 Baht per share from 3,990,000,000 share should be approved and such matter be presented to the shareholders' meeting for further consideration and approval.
   
   Agenda 6 Approval of Annual Appointment of Directors
   Opinion of Board of Directors : The reappointment of Mr. Prasert Marittanaporn, Dr. Sombat Kitjalaksana, Mr. Sompodh Sripoom, Mr. Techapit Sangsingkeo as directors to the Company Board of Directors as proposed by the Nomination and Remuneration Committee should be approved.
   
   Agenda 7 Approval of Determination of Director's Remuneration
   Opinion of Board of Directors : The year 2009 bonus in the amount of 8,279,000 Baht and year 2010 Director's remuneration in the amount of 5,728,000 Baht should be approved.
   
   Agenda 8 Approval of Amendment of Purposes of Issuance and Offering for Sale of Debt Instruments in the Form of Bills and/or Debentures
   Opinion of Board of Directors : The Amendment of Purposes of Issuance and Offering for Sale of Debt Instruments in the Form of Bills and/or Debentures should be approved.
   
   Agenda 9 Other matters (if any)
   
   

Please be informed accordingly.

 

Very truly yours,

 

(Sompodh Sripoom)
Managing Director

Office of Managing Director
Telephone : 0-2811-7528 Ext. 207
Facsimile : 0-2811-7687

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