September 2nd, 2003
Subject : Resolution of the Board of Director's meeting
To : The President,
The Stock Exchange of Thailand (SET).
According to the meeting of the Board of Director of The Union Mosaic
Industry Public Company (" The Company ") No. 4 / 2003, held on September 2nd,
2003 at 10.00 a.m. at the Company's meeting room has passed the essential resolutions
that can be concluded as the followings:
1. The closing date of the share register book in order to suspend the transfer of shares
for specifying the right of shareholders to book for purchasing of capital increase in
term of common shares has been set on September 29th, 2003 at 12.00 hrs.
2. Some essential details of convertible debentures have been amended by canceling the
original statement and replacing it with the following statements:
" Period of time for exercising right : Debentureholder can exercise the right to
convert convertible debenture to common
shares in the last business day of every
month over maturity period of
convertible debenture and the first date
to exercise the right to convert shall be
November 28th, 2003.
Conversion of right to convert : When there is an event according to the
notification of The Office of the
Securities and Exchange Commission,
the conversion of price in exercising the
right and rate of exercising the right to
convert is allowed according to the
calculation method to be specified in the
right's term."
And the other statements that have been specified in the essential details of
convertible debenture, which have not been amended shall have the original meaning.
Please be informed accordingly.
Yours sincerely,
Miss Paweena Laowiwatwong
President
The Union Mosaic Industry Public Company Ltd.
