The Audit Committee comprises of 4 directors as follows:

Scope of Duties and Responsibilities of the Audit Committee 

1. Review the Company’s financial reports to ensure their accuracy and sufficient disclosure of information by coordinating with external auditors and management responsible for preparing quarterly and yearly financial reports. The Audit Committee may suggest issues or matters to be included for review or audit by the external auditors while auditing of the Company is proceeding;
2. Review adequacy and effectiveness of internal control system and internal audit function, consider independence of internal audit function and approve nomination, transfer and relinquishment of position of head of internal audit function or other functions related to internal audit;
3. Review the Company’s compliance with the Securities and Stock Exchange Act, rules and regulations of the Stock Exchange of Thailand or other laws relating to securities businesses;
4. Consider and advise on appointment of the external auditor of the Company, including the audit fee by considering the credibility, the adequacy of existing resources, the firm’s performance and experience of its professional staff. The Audit Committee has to participate in meeting with the external auditor without management participation at least once a year;
5. Consider connected transactions or other transactions with potential conflict of interest to ensure they are conducted properly in accordance with relevant SET rules for the best interest of the Company;
6. Conduct any other matters assigned by the Board of Directors and agreed by the Audit Committee such as reviewing the Company’s financial and risk management policies, reviewing compliance with the Code of Conduct by the management and reviewing all important reports in conjunction with the management to be disclosed to the public as required by law (e.g. management report and management, discussion and analysis (MD&A)); and
7. Report activities of the Audit Committee in the Company’s annual report signed by the Chairman of the Audit committee. Such reports should include the following information:
   
   
   • Opinion on accuracy, completeness and reliability of the Company’s process of reporting and disclosing financial information;
   • Opinion on sufficiency of the Company’s internal control system;
   • Supporting reasons whether or not the Company’s external auditors should be re-appointed;
   • Opinion on the Company’s compliance with the Securities and Stock Exchange Act, rules and regulations of the Stock Exchange of Thailand or other laws relating to its businesses; and
   • Other reports deemed appropriate to be disclosed to shareholders and general investors as assigned by the Board of Directors.

The Good Corporate Governance Committee

The Good Corporate Governance Committee was set up in accordance with the resolution of the Board of Directors’ meeting No.6/2007 held on November 18, 2007. The Good Corporate Governance Committee consists of the members as follows:

Monitor, evaluate the result of conformance with good corporate governance principles and business ethics & professional conduct by of directors, executives and employees and provide any suggestions regarding such matters;Determine good corporate governance principles and business ethics & professional conducts of directors, executives and employees;Scope of Duties and Responsibilities of the Good Corporate Governance Committee

1. Arrange any activities to encourage directors, executives and employees to understand more about good corporate principles and realize the necessity to conform to specified business ethics and professional conduct; and
2. To ensure full and fair disclosure of conformance with good corporate governance principles in the Company’s annual report.

Management Risk Committee