BERLI JUCKER PUBLIC COMPANY LIMITED ANNOUNCES THE SUMMARY OF SIGNIFICANT BOARD OF DIRECTORS' RESOLUTIONS A Berli Jucker Public Company Limited board of directors' meeting no. 23 held on 24 July, 1998 at 99 Soi Rubia, Sukhumvit 42 Road, Bangkok, passed the certain important resolutions which are summarized below: 1. The execution by the Company of a Subscription Agreement between the Company and Srithai Superware Public Company Limited providing for the subscription, subject to certain conditions (including Srithai Superware entering into a successful debt restructuring agreement with its creditors and completion of a due diligence exercise into Srithai Superware, in each case to the satisfaction of the Company), of shares in Srithai Superware. The proposed subscription and injection of Baht 1.2 billion into Srithai Superware will result in Berli Jucker holding a very substantial interest in Srithai Superware but the final shareholding can not be determined until the debt restructuring agreement has been concluded. 2. Either of two directors are authorised, namely Mr. David Nicol or Mr. Blair Sinton, to make all decisions and appointments, sign all documents and undertake all actions, on behalf of the Company, in connection with the above subscription, including assisting Srithai Superware in negotiations with its creditors and conducting a due diligence exercise on the assets, liabilities and prospects of that company.