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Notification Of Resolution Of The 2005 AOT's AGM

BackJan 30, 2006



No.583
                                            27 January  2006

President
The Stock Exchange of Thailand

Re.  :  Notification of Resolution of the 2005 Annual General
Shareholder's Meeting of the Airports of Thailand Public Company Limited

Dear Sir,

Whereas the Airports of Thailand Public Company Limited (AOT) convened
2005 Annual General Shareholder's Meeting on Friday 27th January 2006
at 1000 hrs. at the AOT Airport Club Building, therefore, would like to
notify the resolution of the 2005 Annual General Shareholder's Meeting
as the followings :-
1.  Approved the Minutes of 2004 Annual General Shareholders' Meeting
held on Monday 31st January 2005.
2.  Acknowledged the operating performance of AOT for the fiscal year
2005 ended on 30 September 2005 with the increase in aircraft movement
of 11.81 percent, passenger movement of 4.93 percent, cargo movement of
8.10 percent and operating revenue of 6.59 percent.
3.  Approved the Balance Sheet and the Statement of Income of AOT for
the fiscal year 2005 ended on 30 September 2005 as audited and
certified by the Office of the Auditor General of Thailand as the AOT's
auditor.
4.  Approved the appropriation of the net profit and the dividend
payment from AOT's operating performance of fiscal year 2005. The
details of which are as the followings :-
    4.1  The appropriation of AOT's annual net profit as legal reserved
fund in the amount of 999,548,074.86 Bht. In order to enable the legal
reserved fund to be 10 percent of the authorized share capital.
    4.2  The dividend payment from AOT's operating performance of
fiscal year 2005 is 1.70 Bht. Per share, amounting to 2,428,569,000
Bht., for the shareholders whose names were listed in the registration
book on Friday 6th January 2006 at 1200 hrs. The payment of
dividend is scheduled to be made on Thursday 16th February 2006.
5. Approved to select 5 former directors who retired by their terms to
be directors to AOT Board of Directors for another session which are :-
    5.1 Mr. Srisook  Chandrangsu
    5.2 Mr. Somchai  Wongsawat
    5.3 General Vichit  Yathip
    5.4 Mr. Worsak   Kanok-nukulchai
    5.5 Mrs. Soithip  Trisuddhi
6. Approved the remuneration for the year 2006 as the followings :-
    6.1 Remuneration and Meeting Allowance
        6.1.1 The Board of Directors receives the monthly remuneration
of 20,000 Bht. per person and the meeting allowance of 10,000
Bht./person/meeting (for those who present at the meeting, but not over
12 meetings/year).  These payments are enforced as from 1 January 2006.
        6.1.2 The Audit Committee receives the monthly remuneration of
20,000 Bht.
        6.1.3 The AOT's director who is appointed by the Board of
Directors to be the director of the Committee/Sub-committee receives
monthly meeting allowance of 10,000 Bht. per meeting.
        6.1.4 Chairman and Deputy Chairman of Committee/Sub-committee
receive additional allowance of 25 percent and 12.5 percent
respectively.
        6.1.5 The budget for the remuneration and the meeting allowance
for the year 2006 is in the amount not exceeding 12,500,000 Bht.
    6.2 Bonus
        The bonus for the Board of Directors for the year 2005 shall be
in the amount of 900,000 Bht. per person. The calculation of bonus
shall be based on the period of time of being in position whereby the
Chairman and the Deputy Chairman receive bonus in the amount higher
than those in the Board of Directors at the payment rate of 25 percent
and 12.5 percent respectively. The Senior Executive Vice President,
Acting President of AOT, as a director of the Board, also receives the
bonus payment.
7. Approved to let the Office of the Auditor General of Thailand to be
AOT's auditor for the fiscal year 2006 ended on 30th September 2006
with the rate of remuneration payment not exceeding 2,150,000 Bht.
excluding other expenses.
8. Other businesses (if any)
   Selection of directors in replace of those who resigned prior to
their expired terms.
   - Approved to select 10 directors on 27 January 2006, apart from 5
directors who were approved to be selected in the shareholders' meeting
as mentioned in item 5, in replace of those who resigned prior their
expired terms.
   8.1 Selected 7 former directors who resigned prior to their expired
terms to be directors of the Board as the followings :-
       - Mr. Areepong  Bhoocha-oom
       - Mr. Vudhibhandhu  Vichairatana
       - Mr. Chaikasem  Nitisiti
       - Mr. Preecha  Jarungidanan
       - Mr. Bancha  Pattanaporn
       - Flight Lieutenant Usar  Borisuth
       - Mr. Chaisak  Angkasuwan
   8.2 Selected 3 new directors in replace of those who resigned prior
to their expired terms as the followings :-
       - Air Chief Marshal Narongsak Sangapong to be director in
replace of Mr. Suthep Suebsantiwongse
       - Air Chief Marshal Chalit Pukbhasuk to be director in replace
of Police General Tawatchai  Pailee
       - Mr. Arkhom Tempittayapaisith to be in replace of  Mr. Terdsak
Sedthamanop

Kindly acknowledge and further disclose to the public accordingly.

                                           Yours sincerely,


                                           BANCHA  PATTANAPORN
                                           Senior Advisor
                                           Acting President