Subject: Re-appointment of Audit Committee

To: The President The Stock Exchange of Thailand

Univanich Palm Oil Public Company Limited would like to report the resolution of the Board of Directors’ Meeting No. 2/2006 held on 11th May 2006. The Board approved the re-appointment of the following Audit Committee members for another term of three years.

Name Position

• Mr. Suchad Chiaranussati Independent Director Chairman of the Audit Committee
• Mr. Tanate Phutrakul Independent Director Audit Committee member
• Ms. Supapang Chanlongbutra Independent Director Audit Committee member

The scope and responsibilities of the Audit Committee remain the same.

Yours faithfully,
Univanich Palm Oil PCL.

  John Clendon – 
Managing Director