Report on Resolution of the Board of Directors Meeting No. 7

Back14 November 2007

SET 35/2007

November 14, 2007

Subject: Report on Resolution of the Board of Directors Meeting No. 7/2007

Attention: President The Stock Exchange of Thailand

Major Cineplex Group Public Company Limited (the "Company") would like to inform the resolutions of the Board of Directors Meeting No. 7/2007, held on November 14, 2007 are as follows:

1. The Board of Directors Meeting has resolved an approval to increase in cooperative company "California Wow Xperience Public Company Limited" (CAWOW) the Company directly holds 73.5 ordinary shares, 36.75%. Referring to CAWOW reported to SET regarding to allot increasing ordinary share by allotting rights in buying ordinary share for existing shareholders at proportion 2 existing share to be entitled 1 new share at a par value 1.50 Baht. To be keep proportion invested in CAWOW the board of directors has approved use rights to bought the number of share 36.75 milllion shares the amount of total investment 55.125 million baht

2. An approval of the resignation of Dr. Vachara Phannachet from the Director, effective date November 13, 2007.

3. An approval of the appointment for Mr. Attasith Damrongrat, effective date November 15, 2007 onwards.

Please be informed accordingly.

 

Yours faithfully,

 

(Mr. Chattaphum Khantiviriya)
Chief Financial Officer

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