June 14th, 2004.
Subject : Revision and Addition to the Articles of Association of the Company.
To : The President
The Stock Exchange of Thailand (SET)
The Union Mosaic Industry Public Company Limited Shareholders meeting No.1/2004, held on
April 23rd, 2004. The resolution approved to revise and add to the Articles of Association of
the Company. The Public Company Associated allowed to revise clause 9 as follow:
Clause 9. "Ordinary shares of the company shall be transfer without limitation except
the transfer of ordinary shares that will caused the persons who do not have Thai nationality
to have the shares in the Company more than 35 percent of amount of ordinary shares that have
been paid up of the Company.
For the purpose of the clause "person who do not hold Thai Nationality" mean:
a) Partnership, private company and other company that capital from every persons who are
not Thai nationality together up to 50 percent of capitals of partnerships private company
and other company.
b) Partnership, private company and other company that partners with limited or non limited
responsibility have held the ordinary shares and be non Thai nationality person up to 50
percent of amount of all partners of shareholders.
c) Association, foundation, organization or other institutes with members or amount of directors
up to 50 percent of total members of amount of directors in any case or having manager as
non Thai nationality person manage or establish for the purpose of benefit to the person the
are not Thai nationality.
In the case that transfer of ordinary share of the Company in either reason that cause
the total amount of ordinary shares hold by non Thai nationality person are more than rate that
mentioned in the article of association of the Company in this clause, the Company shall
order the transferred to sell the ordinary shares that are the cause of excess from the said
ratio immediately.
Please be informed accordingly.
Yours Sincerely,
(Miss Paweena Laowiwatwong)
President
