Bangkok--14 Aug--Thai Airways Thai Airways International Public Company Limited held a Board of Directors’ Meeting, chaired by Air Chief Marshal Chalit Pukbhasuk, THAI’s Chairman, at THAI’s Technical Department, Suvarnabhumi Airport, with the following results: 1. THAI’s Third Quarter Financial Results (April 1 — June 30, 2007) The Board of Directors acknowledged the third quarter Financial Results. For the third quarter of fiscal year 2007 (April 1 — June 30, 2007) the company’s total revenue from the sale of goods and the rendering of services amounted to THB 44,529 million, which is an increase by 5.7%. The company’s operating expense totaled THB 44,415 million, which is an increase by 7.9% over the same period last year. As a result, profit from the sale of goods and the rendering of services was THB 114 million, lower than a profit of THB 959 million in the third quarter and profit before tax amounted to THB 123 million. The company’s net profit was THB 68 million lower than a profit THB 473 million in the third quarter. The earning per share was THB 0.04 lower than THB 0.28 in the third quarter. The company’s net profit for the first nine-month period of fiscal year 2007 (October 1, 2006 — June 30, 2007) totaled THB 8,327 million, which is a decrease of THB 2,160 million or 20.6% from the same period last year. Earnings per share decreased to THB 4.90 compared with THB 6.17 last year. 2. New Appointment and Reshuffle of THAI’s Management THAI’s Board of Directors approved the new appointment and reshuffle of THAI’s Management in replacement of the retired management and the vacant positions with the results as follows: 2.1 New Appointment Executive Vice President Level 1. Flt. Lt. Pravit Shinawatra, Vice President, Aviation Personnel Development Department, to be appointed Executive Vice President, Operations Department 2. Mr. Pandit Chanapai, Vice President, Commercial Development and Support Department, to be appointed Executive Vice President, Commercial Department Vice President Level 3. Mrs. Bhinkham Rohisthira, Director, Service Operations Department, to be appointed Vice President, Inflight Services, Cabin Crew Development Department 4. Mr. Charatpong Buruthratanaphan, Director, Corporate Secretariat Department, to be appointed Vice President, Corporate Services Department 5. Flt. Off. Naruj Komalarajun, Mission Commander, Flight Operations Department, to be appointed Vice President, Operations Support Department 6. Mr. Pichai Chunganuwad, Director, Area Thailand, Indo-China & Myanmar Department, to be appointed Vice President, Sales and Distribution Department 7. Mrs. Monthicha Khruasuwan, Director, Organization Structure and Work Process Analysis Department, to be appointed Vice President, Human Resources Planning & Development Department The appointment of the Management number 1 — 6 will take an effect from 1 October 2007 and number 7 will take an effect from 10 August 2007 onwards. 2.2 Reshuffle of THAI’s Management 1. Mr. Apichai Sangsasi, Vice President, Operations Support Department, to be appointed Vice President, Flight Operations Department 2. Capt. Sopit Pokasoowan, Vice President, Information Technology Services Department, to be appointed Vice President, Aviation Personnel Development Department and Acting Vice President, Information Technology Services Department 3. Mr. Teeraphol Chotichanapibal, Vice President, Sales and Distribution Department, to be appointed Vice President, Commercial Development and Support Department The reshuffle of the Management will take an effect on 1 October 2007 onwards. 3. THAI’s 10-Year Corporate Plan (2008 — 2017) The Board of Directors acknowledged the initial proposal of THAI’s Corporate Plan for the year 2008 — 2017 which will be proposed for approval in September 2007.