July 29th, 2003
Subject : Resolution of the Board of Director's meeting
To : The President,
The Stock Exchange of Thailand (SET).
The Union Mosaic Industry Public Company Ltd. (UMI) would like to inform the
resolution of the Board of Director's meeting, held on July 29th, 2003 at 10.00 a.m. at the
Company's meeting room as the following:
1. The Meeting of the Board of Director passed a resolution to accept in principle of debt
restructuring approved by Thai Asset Management Corporation (TAMC) according to the
detail in a letter no. For. Por. Kor. 1 ( Por. Kor. 3) 127 / 2546 dated June 3rd, 2003 and the
Company has already inform SET on June 3rd, 2003.
2. The Extraordinary General Meeting of Shareholders No. 1/ 2546 is scheduled to be held on
September 2nd, 2003 at 10.00 a.m. at the Company's meeting room, 29th floor, Chamnan
Phenjati Business Center Building, 65 Rama 9 Road, Huaykwang, Bangkok, to consider the
following matters:
- Agenda No.1: To approve the minutes of the Annual General Meeting of Shareholders
No. 1/2003.
- Agenda No. 2: To consider the issuance of convertible debenture amount 160 Million
Baht as to pay debt for the creditors according to the details in the issuance of convertible
debenture report form.
- Agenda No. 3: To consider the increase of registered capital of the Company by 160
Million Baht in order to support the exercise of converting debenture into ordinary shares
according to the details in the capital increase report form (F53-4).
- Agenda No. 4: To consider the transfer of premium on share capital amount
498,800,000.00 Baht to retained earnings (deficit) account in order to compensate for
accumulated loss of the Company.
- Agenda No. 5: To consider other matters (if any).
3. The closing date of the share register book for attending the Extraordinary Shareholders'
Meeting No. 1/2546 is on August 13th, 2003 at 12.00 o'clock until the meeting has been duly
convened.
Please be informed accordingly.
Yours sincerely,
Miss Paweena Laowiwatwong
The President
