Appoint Vice Chairman, AC, Executive Director and MD

Attention:The Director and the Manager The Stock Exchange of Thailand

The Board of Directors' Meeting No 2/2006 of L.P.N. Development Public Company Limited held on 25 April 2006 from 15.30 to 17.30 hrs. at the Company's meeting room 36th Floor Lumpini Tower Rama 4 Road, Thungmahamek, Sathorn, Bangkok 10120 has resolved as follows:

1. To appoint Professor Siri Keiwalinsrit and Mr.Tawechai Chitasaranachai Position: Vice Chairman Effective Date: 26 April 2006.

2. To appoint Mr. Amornsuk Noparumpa and Mr. Weerasuk Wahawisal Position: Audit Committee (replacement of Professor Siri Keiwalinsrit and Mr.Vudhiphol Suriyabhivadh who resigned) Effective Date: 26 April 2006 (Term ending on 30th April 2008) The Audit Committee consists of

3. To appoint Mr. Opas Sripayak Position: Executive Director and Managing Director Effective Date: 26 April 2006.

Please acknowledge the above matters.

Yours faithfully,

Tikhamporn Plengsrisuk
Chief Executive Officer
L.P.N. Development Public Company Limited