21-May-2004

RESIGNATION

Non-Executive Director

Independent & Non Executive

56

Japanese

Bachelor Degree in Law from Seikei University

Mr Yasushi Hoshika had been with Nichimen Corporatio Japan since April 1972. He was a Manager in the Contruction and Transport Machinery Department, Tokyo office from November 1994 to May 1997; a representative in Bangkok branch from June 1997 to March 2000 and Chief Executive Officer of Nichimen Asia Oceania Pte Ltd, a company incorporated in Singapore from April 2000 to March 2004. Currently, he is the Chief Executive Officer of Sojitz Europe Plc.responsible for the operation in Europe and Africa for the Sojitz Group.

None

No

Not applicable