SET Announcements

1600 / 134 / 2003 July 31, 2003 The Stock Exchange of Thailand 62, Ratchadapisek Road, Klongtoey Bangkok 10110 Subject : The Appointment of Chairman of the Financial Restructuring Committee Attention : President of The Stock Exchange of Thailand The Bangchak Petroleum Public Company Limited (BCP) board of directors meeting No. 8/2003 held on July 29, 2003 has passed a resolution to approve the appointment of Mr. Pichai Chunhavajira, the Company's Director, to be Chairman of the Financial Restructuring Committee, who is responsible for conducting the Company's financial restructuring plan in accordance with the Cabinet's resolution, with the effective date from July 29, 2003 until the completion of the financial restructuring process. (the Company expects to complete the financial restructuring process at the end of 2003) Mr. Pichai Chunhavajira, the Company's directors, has the experiences in raising funds of PTT Plc. in the stock market and conducting many financial restructuring plans of the PTT's subsidiaries. Please be informed accordingly. Yours sincerely, (Kiatchai Maitriwong) Assistant Vice President, Corporate Planning Office Corporate Planning Office Tel: 0-2335-4583