ข่าวแจ้งตลาดหลักทรัพย์

-TRANSLATION- 1000/ 124 /2006 May 3, 2006 Subject: Report on the Resolutions of the Board of Directors' Meeting Attention: President of The Stock Exchange of Thailand Pursuant to the resolution of the Board of Directors meeting of The Bangchak Petroleum Public Company Limited ("the Company") No. 9/2005, held on August 29, 2005 and the resolution of the Extraordinary General Meeting No. 1/2005 held on October 11, 2005, which resolved and approved for the allotment of the newly issued shares not exceeding 161 million ordinary shares to specific investors and/or institutional investors, either domestic or foreign. The proceeds of which shall be used for the Product Quality Improvement Project ("PQI"). The offering price shall be in a range of 14 to 16 Baht per share. Moreover, The Board of Directors and/or any person authorized by the Board of Directors shall have the authority to set and/or change the terms and conditions of to the issuance and to do any acts of such shares offering. The Company would like to further inform the resolution of the Board of Directors meeting No. 6/2006 held on May 3, 2006 at 4 P.M. that the Board of Directors has approved the offering price of such shares at 14 Baht per share for the total amount of not exceeding 161 million shares to specific investors which shall not exceed 35 persons and/or institutional investors as per regulation of the Securities Exchange Commission and authorized the President of the Company to have authority to set timing, procedure, number of shares to be offered and any detail of the offering. In addition, the President shall have authority to sign, execute agreements, understandings, documents and representations and to report result of the offering to the relevant authorities as relate to the offering transaction. As the transaction is in being processed, the list of the specific investors and/or institution investors including the number of shares to be subscribed by each investor is expected to complete on the Settlement date which is May 15, 2006. The Company will further inform to the SET accordingly. When the settlement process is completed, the Company shall have funds sufficient for completion of the PQI and be ready to have the PQI financial close by May 16, 2006. Please be informed accordingly. Yours sincerely, -signed- (Patiparn Sukorndhaman) Senior Executive Vice President Accounting and Finance Corporate Planning and Investor Relation Office Tel: 0-2335-4583