f24-3 No. 50/2542/14 4 October,1999 Report on Scope of Performance Of the Audit Committee The board of directors meeting of Central Pattana Public Company Limited.No.28/2542 held on 11 August,1999 passed resolutions concerning changing of terms for holding office and Scope of Performance of the Audit Committee effective on 11 August,1999 with the following details : 1. Terms for holding office Audit committee shall be in term for holding office of 3 years and can be re-appointed after that. In case the position of audit committee is vacant because of reasons other than end of tenure, the Board of Directors of the company shall appointed a qualified person to replace the vacant position. The replacing person shall be in term for holding office for the remaining period of tenure of the previous audit committee. 2. Scope of duties and responsibilities of the Audit Committee : 1.To review that the company has correct and adequate financial reports. 2.To review that the company has appropriate and efficient internal control and internal audit. 3.To review that the company comply with the Securities and Exchange Act, the Stock Exchange of Thailand's regulation or other related laws. 4.To determine, select and appoint the independence auditors and propose the audit fee. 5.To determine that the connected transactions or any conflict of interest transactions of the company have been done correctly and completely disclosed. 6.To prepare the audit committee report signed by the Chairman of the Audit Committee and disclosed in the annual report. 7.To perform other duties that are assigned by the Board of Directors and agreed by the audit committee In addition, in its meeting NO.14/2542, dated 8 June 1999, the Board of Directors resolved to appoint Mr.Naris Cheyklin as Secretary to the audit committee. Director Director (Mr.Kobchai Chirathivat) (Mr.Suthidej Chirathivat)