SET Announcements

1600 / 018 / 2003 January 30, 2003 The Stock Exchange of Thailand 62, Ratchadapisek Road, Klongtoey Bangkok 10110 Attention : President of The Stock Exchange of Thailand Subject : Filing Certificate and Resume of the Audit Committee's Member and Form for Report on Names of Members and Scope of Performance of the Audit Committee Attachment : 1. Certificate and Resume of the Audit Committee's Member 2. Form for Report on Names of Members and Scope of Performance of the Audit Committee According to the notification of SET Re: Qualifications and Scope of Work of the Audit Committees (No. 1), 1999, the Company shall submit "the representation letters and curriculum vitae of the members of the audit committee" to the Exchange within 3 days from the date the board of directors' or shareholders' meeting of the company passes a resolution to appoint the committee members, as well as in case of change of duties of the audit committee, the listed company shall notify the resolution on change of duties and prepare "the list and scope of work of the audit committee" which have been changed in the form as prescribed by the Exchange, and submit the same to the Exchange within 3 days from the date of such change according to the procedures prescribed by the regulations of the Exchange relating to reporting through electronic system; The Bangchak Petroleum Public Company Limited (BCP) would like to file herewith Certificate and Resume of the Audit Committee's Member and Form for Report on Names of Members and Scope of Performance of the Audit Committee. Please be informed accordingly. Yours sincerely (Mr. Chokchai Atsawarangsalit) Planning and Corporate Analysis Division Manager, Corporate Planning Office Corporate Planning Office Tel: 0-2335-4583 F 24-3 Form for Report on Names of Members and Scope of Performance of the Audit Committee The board of directors meeting of The Bangchak Petroleum Public Company Limited No. 2/2003 held on January 28, 2003 passed resolutions appointing Mr. Anusorn Tamajai (a present member of the Audit Committee) to be the Chairman of the Audit Committee, and Mr.Nipon Surapong-rukcharoen to be the Member of the Audit Committee. therefore, at January 28, 2003 1. Names of members of the Audit Committee are as follows : Remaining terms of holding office Chairman of the Audit Committee Mr.Anusorn Tamajai 2 years and 4 months Member of the Audit Committee Mr.Wirat Iam-Ua-Yut 2 years and 4 months Member of the Audit Committee Mr.Nipon Surapong-rukcharoen 3 years Secretary of the Audit Committee Ms. Sujitra Juntasopeephant Certificates and Resumes of 1 members of the Audit Committee are attached hereto. 2.The Audit Committee of the Company has the scope of duties and responsibilities, and shall report to the board of directors on: 1. Supervise the company on the preparation of the accurate and transparent financial reporting. 2. Supervise the company on the preparation and maintenance of the efficient internal control system. 3. Select and propose the appointment of the company's external auditors. 4. Supervise the company to perform in accordance with the corporate regulations and legal requirements. 5. Prevent the violation of the company's conflict of interests policy. 6. Preparation of the Audit Committee's report which must be properly endorsed by the Chairman of The Audit Committee and disclosed in the company's annual report. 7. Perform other duties as may be assigned. The Company hereby certifies that the aforementioned members meet all the qualifications prescribed by the Stock Exchange of Thailand. Signature General (Tawat Ked-Unkoon) Chairman of the Board of Directors (Stamp) Signature . (Mr.Narong Boonyasaquan) Secretary of the Board of Directors