Golden Land Property Development Public Company Limited announced that at the AGM of the company held on April 27, 2012, the company appointed three new directors namely Mr. Surat Chiracharasporn, Mr. Prasong Thachasongtham and Mr. Rapeepat Suansinpong replacing the directors who retired by rotation, namely Mr. David Desmond Tarrant and Mr. Threekwan Bunnag. Hence, Mr. David Desmond Tarrant who held the positions of Independent Director, Chairman of the Audit Committee and Chairman of the Compensation Committee, and Mr. Threekwan Bunnag who held the positions of Independent Director, Member of the Audit Committee and Member of the Compensation Committee must be removed from their offices by resolution of the 2012 AGM from 27th April, 2012 onwards.