Subject: Nomination to replace retiring Director

To: The President Stock Exchange of Thailand

In a letter to the Chairman dated 10th April 2007, Mr Vichai Dhepchalerm has withdrawn his nomination for re-election as a director of Univanich Palm Oil PCL. This re-election had been proposed to shareholders in the notice of the Annual General Meeting to be held on 20th April 2007.

The Board’s Nominating Subcommittee has met to consider the retirement of Mr Vichai Dhepchalerm. The Nominating Subcommittee considered that Mrs Anchalee Tephabutra is well qualified and will contribute knowledge and experience as a Director of the Company.

Accordingly, it is proposed by the Board’s Nominating Subcommittee that Mrs Anchalee Tephabutra will be proposed for election as a Director of Univanich Palm Oil PCL, in place of Mr Vichai Dhepchalerm, when the shareholders meet to consider this matter at their Annual General Meeting on 20th April 2007.

The Nominating Subcommittee would like to thank Mr Vichai Dhepchalerm for his important contribution and valuable advice over more than 30 years.

For the information of shareholders please find attached a summary of Mrs Anchalee’s qualification and experience.

 

Yours faithfully,
Univanich Palm Oil PCL.

John Clendon
Managing Director

Attached : 1

cc: The Secretary-General The Securities and Exchange Commission