ข่าวแจ้งตลาดหลักทรัพย์

F 24-3 Additional Notification scope of procedure of Audit Committee The Board of Directors of The Bangchak Petroleum Public Company Limited approved the additional scope of functions and responsibilities of Audit Committee at its Meeting No. 13/2006 held on November 30, 2006. The previous scope of function and responsibilities of the Audit Committee are as follows: 1) To ensure accuracy and adequacy of the Company's financial reporting according to the Accounting Principles governed by laws. 2) To ensure that the Company has suitable and efficient internal control system and internal audit and to assure the efficiency and adequacy of the risk management system. 3) To review the performance of the Company to ensure compliance with the securities and exchange law, regulations of the Exchange or laws relating to business of the Company. 4) To review the disclosure of information of the Company in case that there is a connected transaction or transaction that may lead to conflict of interest so as to ensure accurateness and completeness. 5) To inspect and consider with the management on the defects that have been found out and on the responses from the management. 6) To empower the auditing and investigating all related party under the authorization of the Audit Committee and also to authorize in hiring an expert so as to audit and investigate in compliance with the Company's regulations. 7) To prepare a report on monitoring activities of the Audit Committee and disclose it in an annual report of the Company, and have such report signed by Chairman of the Audit Committee. 8) To consider, select, nominate and recommend remuneration of the company's external auditor. 9) To consider auditing scopes and plans of the external auditor and the internal audit department so that they are contributory to each other and to reduce double operations as concerns financial auditing. 10) To approve Charter, work plans, budget and manpower of the Internal Control Office 11) To appoint, transfer, and undertake annual evaluation of the Vice President of Internal Control Office. 12) To perform any other act assigned by the Board of Directors with approval of the Audit Committee. The new scope of function and responsibilities of the Audit Committee will be as follows: 1) To ensure accuracy and adequacy of the Company's financial reporting according to the Accounting Principles governed by laws. 2) To ensure that the Company has suitable and efficient internal control system and internal audit and to assure the efficiency and adequacy of the risk management system. 3) To review the performance of the Company to ensure compliance with the securities and exchange law, regulations of the Exchange or laws relating to business of the Company. 4) To review the disclosure of information of the Company in case that there is a connected transaction or transaction that may lead to conflict of interest so as to ensure accurateness and completeness. 5) To inspect and consider with the management on the defects that have been found out and on the responses from the management. 6) To empower the auditing and investigating all related party under the authorization of the Audit Committee and also to authorize in hiring an expert so as to audit and investigate in compliance with the Company's regulations. 7) To prepare a report on monitoring activities of the Audit Committee and disclose it in an annual report of the Company, and have such report signed by Chairman of the Audit Committee. 8) To consider, select, nominate and recommend remuneration of the company's external auditor. 9) To consider auditing scopes and plans of the external auditor and the internal audit department so that they are contributory to each other and to reduce double operations as concerns financial auditing. 10) To approve Charter, work plans, budget and manpower of the Internal Control Office 11) To appoint, transfer, and undertake annual evaluation of the Vice President of Internal Control Office. 12) To review the efficiency and effectiveness of internal control and risk management focusing on the issue of information technology. 13) At least once a year, attend the private meeting with an auditor only. 14) To perform any other act assigned by the Board of Directors with approval of the Audit Committee. Starting from December 1, 2006. Please be informed accordingly. Yours sincerely, -signed- (Wattana Opanon-amata) Senior Executive Vice President Corporate Administration and Information Technology