February 23, 2007
Subject: Dividend Payment and date for 2007 Annual General Meeting of Shareholders
To: The President The Stock Exchange of Thailand
The Board of Directors of Univanich Palm Oil Public Company Limited, at meeting No. 1/2007 held on 23rd February 2007, passed the following resolutions:
1.To recommend to the 38th Annual General Meeting of Shareholders to approve a total dividend of Baht 2.75 per share for the fiscal year ended 31 December 2006. An interim dividend of Bt 1.25 per share has been paid in September 2006, and the final dividend will be Bt 1.50 per share, payable on 94,000,000 ordinary shares held by shareholders according to the share register as at 12.00 hrs. on 2nd April 2007. The payment will be made by 18th May 2007.
2.To call the 38th Annual General Meeting of Shareholders to be convened on 20th April 2007 at the Intercontinental Hotel Bangkok, 973 Ploenchit Road, Patumwan, Bangkok, at 9.00 hrs. The meeting agenda is as follows:-
1.-To ratify the Minutes of Annual General Meeting of Shareholder No. 37 held on 28th April 2006.
2.-To consider the Directors' annual report on the Company's operating outcome from January to December 2006.
3.-To consider and approve the Balance Sheet and the Statement of Profit and Loss for the year ending 31st December 2006.
4.-To consider profit allocation.
5.-To elect directors to replace those who retire by rotation.
6.-To consider the remuneration of Directors.
7.-To appoint the auditor and fix the auditor's remuneration for the fiscal year 2006.
8.-To consider an amendment to the Memorandum of Association to provide for the new activity of selling electricity and carbon credits generated from biomass or biogas fuel
9.-Other matters (if any).
3.To close the Share Register at 12.00 noon on Monday 2nd April 2007, for determining the shareholders who are entitled to attend the Annual General Meeting of Shareholders No 38.