9. MANAGEMENT

1.  Management Structure

  SVOA Management Structure consists of the Board of Directors who is in
  charge of managing the Company business and the audit committee whose
  responsibilities are to support the overall operation of the Board of
  Directors.

The Board of Directors

1. Leadership Condition and Vision

  The Board of Directors took part in stipulating and/or approving,
  vision, mission, strategy, objective business plan and budget for the
  optimal economic value of the business and the highest stability for
  shareholders.

2. Combination or Separation of the Position

  To separate roles in determining policy, supervising and managing
  daily business of the Company, the Chairman of Board of Directors is
  not the same entity as the Managing Director.

3. Balance of Directors Who are not Management

Nine Directors include the following :

-   Three Directors who are management

1.Mr.Thienchai Srivichit Chairman of the Board

2.Mr.Sompon Ekteerajit Director

3.Mr.Vira Intanate Director

-   Four Directors who are not management

1.Mr.Lam Kwok Chong

2.Mr.Wong Chee Choy

3.Mr.Chee Hui Ling

4.Mr.Likit Therdsateerasak

-   Two Independent Directors, accounting for 25% of the members of the
    Company Board of Directors

  1.Mrs.Prapasri Amornsin

  2.Mr.Prapon Phasukyud

Subcommittee

The Board of Directors have appointed the Audit Committee to assist in
managing and supervising the Company’s business as follows :

-   The Audit Committee which was appointed on April 20,2001 will
    perform their duties in the position for 1 year. It consists of 3
    Directors, all of whom are not represent major shareholders. They
    are as follows :

  1.Mrs.Prapasri Amornsin Audit Committee Chairman

  2.Mr.Likit Therdsateerasak Audit Committee Member

  3.Mr.Prapon Phasukyud Audit Committee Member

The Audit Committee held 5 meetings in 2004 and reported to the
Company’s Board of Directors. The authority of the Audit Committee
include the following :

-   To review financial reports of the Company before presenting to the
    Board of Directors

-   To provide recommendation regarding the appointment and
    determination of remuneration of the auditor, and to cooperate with
    the auditors concerning objectives, scope and guidelines of the
    audit, problems encountered during the audit, and other essential
    issues

-   To coordinate with the Company’s internal audit decision in relation
    to audit objectives and plan, report of the audit result, assessment
    of the Company’s internal control, assessment of adequacy of
    resource used for internal control and problems encountered during
    audit

-   To provide advice and review the audit results and suggestion of
    both the auditor and internal audit as well as follow up on the
    operation of the management with respect to those suggestions before
    proposing to the Board of Directors

-   To review compliance with the relevant regulations and laws

-   To supervise crucial risk management of the Company

  Mr. Wilson Teo Yong Peng ,Chief Financial Officer, is the Company
  Secretary and Mr.Somyot Rudeesuksakul is the Secretary to the Audit
  Committee.

Director Meeting

The Board of Directors hold the ordinary general meeting in every three
month and hold the extraordinary general meeting if necessary with clear
agenda prior to each meeting. The Company Secretary will prepare the
invitation letters, the meeting agenda and related documents 7 days
before the meeting date so that the Board of Directors have enough time
to study the information. Each meeting takes about 2 hours. In 2004, the
Board of Directors held 4 ordinary general meetings and 3 extraordinary
general meetings totaling 7 meetings altogether. The total number of
times which the Board of Directors attended the meetings is as follows:

  ----------------------------- ---------- ---------- --------------- --------
                                                      Total           
                                                      Attendance      

  Director’s Name               Total      Ordinary   Extraordinary   Total
                                Years Held Meeting    Meeting         

  1.Mr.Thienchai Srivichit      X**        4/4        3/3             7/7

  2.Mr.Sompon Ekteerajit        X**        4/4        3/3             7/7

  3.Mr.Lam Kwok Chong           X**        3/4        1/3             4/7

  4.Mr.Wong Chee Choy           X**        0/4        1/3             1/7*

  5.Ms.Chee Hui Ling            X**        0/4        0/3             0/7*

  6.Mrs.Prapasri Amornsin       X**        4/4        3/3             7/7

  7.Mr.Likit Therdsateerasak    X**        4/4        2/3             6/7

  8.Mr.Prapon Phasukyud         X**        4/4        1/3             5/7

  9.Mr.Vira Intanate            X**        4/4        3/3             7/7
  ----------------------------- ---------- ---------- --------------- --------

  * Mr.Wong Chee Choy and Ms. Chee Hui Ling were appointed as Directors
  on 30 April 2004

  ** The Company regulations did not specify the Directors’ total years
  of service. However, that in annual extraordinary general meeting,
  one-third of total number of directors will have to take turns at
  giving up the post. Those who have left the position may be reelected
  to take the position.

  Formal meeting minutes endorsed by the Board of Directors were kept
  for subsequent examination by the committee and other concerned
  parties.

  The Authorized Directors

  To authorize documents, the co-signature between Mr. Thienchai
  Srivichit and Mr. Sompon Ekteerajit or Mr. Vira Intanate or Mr. Wong
  Chee Choy or Mr. Lam Kwok Chong or Ms. Chee Hui Ling must be obtained
  and affixed with the Company’s seal. Or the co-signature between Mr.
  Sompon Ekteerajit or Mr. Vira Intanate and Mr. Wong Chee Choy or Mr.
  Lam Kwok Chong or Ms. Chee Hui Ling must be obtained and affixed with
  the Company’s seal.

  Authorized Duties of the Board of Directors

  The Board of Directors shall perform their duties in accordance with
  the objectives specified in the Articles of Association of the
  Company, and within the scope prescribed in the Company’s regulations,
  resolution of a shareholders’ meeting and relevant laws. The Board of
  Directors may authorize one or a group of persons to perform duties on
  behalf of the Board of Directors. Such authorized duties must be under
  the scope of the authority of the Board of Directors and clearly
  specifies the scope of responsibility of such authorized person.

Board of Directors

+--------+--------------------------+---------------------------------+
| N      | Education                | Career                          |
| ame/Po |                          |                                 |
| sition |                          |                                 |
+--------+--------------------------+---------------------------------+
| Mr.Thi | - The Institute of       | - Professor, Faculty of         |
| enchai | Chartered Accountants in | Business Administration,        |
| Sri    | England & Wales, London  | Ramkhamhaeng University /       |
| vichit |                          | Former Committee Member,        |
|        | - National Defence       | National Identity Board, Office |
| Ch     | College                  | the Prime of Minister / Former  |
| airman |                          | President of Krung Thai Bank    |
| of the | - Honorary Ph.D.         | Ltd./ Former Executive          |
| Board  | (Accounting),            | Director, Industrial Finance    |
|        | Ramkhamhaeng University  | Corporation of Thailand /       |
|        |                          | Former Director, Stock Exchange |
|        |                          | of Thailand                     |
+--------+--------------------------+---------------------------------+
| Mr.    | Bachelor of Business     | - Managing Director, Keppel     |
| Lam    | Administration,          | Telecommunications and          |
| Kwok   | University of Singapore  | Transportations Ltd. / General  |
| Chong  |                          | Manager, Special                |
|        |                          | Projects/Keppel Corporation     |
| Di     |                          | Ltd.                            |
| rector |                          |                                 |
+--------+--------------------------+---------------------------------+
| Mr.    | -   Bachelor of          | -   General Manager-Operations, |
| Wong   |     Engineering          |     Keppel Corporations Pte     |
| Chee   |     (Mechanical),        |     Ltd. /                      |
| Choy   |     National Defense     |                                 |
|        |     Academy, Japan       | -   General Manager, Kenwood    |
| Di     |                          |     Electronic Technologies Pte |
| rector | -   Master of Business   |     Ltd /                       |
|        |     Administration,      |                                 |
|        |     National University  | -   Major, Singapore Armed      |
|        |     of Singapore         |     Forces                      |
+--------+--------------------------+---------------------------------+
| Ms.    | - Master in Business     | - Divisional Controller,        |
| Chee   | Administration, Boston   | Shipping, Keppel T&T            |
| Hui    | University Graduate      |                                 |
| Ling   | School of Management     | - Financial & Commercial        |
|        |                          | Manager, Keppel T&T Ltd.,       |
|        | - Bachelor of Arts,      | Foshan Sinotrans Based in       |
|        | National University of   | Guangdong, China (KT&T JV)      |
|        | Singapore                |                                 |
|        |                          | - Special Projects Manager,     |
|        |                          | Keppel T&T Singapore            |
+--------+--------------------------+---------------------------------+
| Mr.    | - Master of Science,     | - Former Senior Auditor, SGV Na |
| Sompon | Accounting, Thammasat    | Thalang & Company Limited       |
| Ekte   | University               |                                 |
| erajit |                          | - Former Financial Controller   |
|        | - Bachelor of            | of Financial & Accounting       |
| Di     | Accountancy-Costing,     | Strategic Supporting Unit, SVOA |
| rector | Chulalongkorn University | Public Co.,Ltd.                 |
| &      |                          |                                 |
| Chief  | - Graduate Diploma in    |                                 |
| Exe    | Auditing, Chulalongkorn  |                                 |
| cutive | University               |                                 |
| O      |                          |                                 |
| fficer |                          |                                 |
+--------+--------------------------+---------------------------------+
| N      | Education                | Career                          |
| ame/Po |                          |                                 |
| sition |                          |                                 |
+--------+--------------------------+---------------------------------+
| Mrs.Pr | -   Honorary Ph.D. in    | -   Former Assistant President  |
| apasri |       Humane Letters,    |     / Former Dean of Faculty of |
| Am     |       (D.H.L.)           |     Business Administration     |
| ornsin |       University of      |                                 |
|        |       Manila,            | -   Former Dean of Faculty of   |
| Indep  |       Philippines        |     Liberal Arts of Rajamangala |
| endent |                          |     Institute of Technology     |
| Di     | -   MBA                  |                                 |
| rector |       (Mktg              | -   Former Private Business     |
| and    | .,Mgmt.,Fin.),California |     Advisor of International    |
| Audit  |       State University   |     Trade Center, United        |
| Com    |       (Long Beach),      |     Nations                     |
| mittee |       U.S.A./B.Sc.       |                                 |
| Ch     |                          |                                 |
| airman |      (Mktg.,Mgmt.,Fin.), |                                 |
|        |       California State   |                                 |
|        |       University (Long   |                                 |
|        |       Beach), U.S.A.     |                                 |
|        |                          |                                 |
|        | -   B.Sc.(Accounting)    |                                 |
|        |       and                |                                 |
|        |       B.A.(Commerce),    |                                 |
|        |       Thammasat          |                                 |
|        |       University         |                                 |
+--------+--------------------------+---------------------------------+
| Mr     | - M.A.(Econ), Indiana    | - Former Senator                |
| .Likit | University, U.S.A.       |                                 |
| The    |                          | - Former Permanent Secretary,   |
| rdsate | - B.E. Thammasat         | The Prime Minister’s Office     |
| erasak | University               |                                 |
|        |                          |                                 |
| Di     |                          |                                 |
| rector |                          |                                 |
| and    |                          |                                 |
| Audit  |                          |                                 |
| Com    |                          |                                 |
| mittee |                          |                                 |
| Member |                          |                                 |
+--------+--------------------------+---------------------------------+
| Mr.    | - Ph.D.(Construction     | - Thammasat University : Dean,  |
| Prapon | Management), University  | College of Innovative Education |
| Pha    | of Missouri Columbia,    |                                 |
| sukyud | U.S.A.                   | - IQ Systems Co.,Ltd. :         |
|        |                          | Managing Director               |
| Indep  | - M.S. (Civil            |                                 |
| endent | Engineering),University  |                                 |
| Di     | of Texas at Arlington,   |                                 |
| rector | U.S.A.                   |                                 |
| and    |                          |                                 |
| Audit  | - B.Eng.(Civil           |                                 |
| Com    | Engineering),            |                                 |
| mittee | Chulalongkorn University |                                 |
| Member |                          |                                 |
+--------+--------------------------+---------------------------------+
| M      | B.Sc. (Computer          | - President & COO (IT           |
| r.Vira | Science), University of  | Distribution Strategic Business |
| In     | Sacramento, California   | Unit), SVOA Public Company      |
| tanate | State                    | Limited                         |
|        |                          |                                 |
| Di     |                          | - Former Executive Director,    |
| rector |                          | Software & Service Business     |
|        |                          | Unit, SVOA Group                |
|        |                          |                                 |
|        |                          | - Former Director, Thaisoft     |
|        |                          | Co.,Ltd                         |
+--------+--------------------------+---------------------------------+

Remark:

Mr. Wong Chee Choy and Ms. Chee Hui Ling has just been appointed to be
Director since 30^(th) April, 2004

Chief Advisor

+--------+---------------------------+-------------------------------+---+
| N      | Education                 | Career                        |   |
| ame/Po |                           |                               |   |
| sition |                           |                               |   |
+--------+---------------------------+-------------------------------+---+
| Mr.Min | -   B.Sc.(Architectural   | Former Executive Director of  |   |
| In     |     Science), Fu Shing    | SVOA Public Co.,Ltd.          |   |
| tanate |     Institute of          |                               |   |
|        |     Technology, Taiwan    |                               |   |
| F      |                           |                               |   |
| ounder | -   Honorary D.Sc.(MIS),  |                               |   |
| and    |     Mahasarakham          |                               |   |
|        |     University            |                               |   |
| Chief  |                           |                               |   |
| Arc    | -   Honorary B.Sc.        |                               |   |
| hitect |     (Computer Science),   |                               |   |
|        |     Rajamangala Institute |                               |   |
|        |                           |                               |   |
|        | of Technology             |                               |   |
+--------+---------------------------+-------------------------------+---+

Management Team

+--------+---------------------------+--------------------------------+
| N      | Education                 | Career                         |
| ame/Po |                           |                                |
| sition |                           |                                |
+--------+---------------------------+--------------------------------+
| Mr.Thi | - The Institute of        | - Professor, Business          |
| enchai | Chartered Accountants in  | Administration Faculty,        |
| Sri    | England & Wales, London   | Ramkhamhaeng University        |
| vichit |                           |                                |
|        | - National Defence        | - Former Committee Member,     |
| Ch     | College                   | National Identity Board,       |
| airman |                           | Office the Prime of Minister / |
| of the | - Honorary Ph.D.          | Former President of Krung Thai |
| Board  | (Accounting) Ramkhamhaeng | Bank Ltd.                      |
|        | University                |                                |
|        |                           | - Former Executive Director,   |
|        |                           | Industrial Finance Corporation |
|        |                           | of Thailand                    |
|        |                           |                                |
|        |                           | - Former Director, Stock       |
|        |                           | Exchange of Thailand           |
+--------+---------------------------+--------------------------------+
| Mr.    | -   Master of Science,    | - Former Senior Auditor, SGV   |
| Sompon |     Accounting, Thammasat | Na Thalang & Company Limited   |
| Ekte   |     University            |                                |
| erajit |                           | - Former Financial Controller  |
|        | - Bachelor of             | of Financial & Accounting      |
| Chief  | Accountancy-Costing,      | Strategic Supporting Unit,     |
| Exe    | Chulalongkorn University  | SVOA Public Co.,Ltd.           |
| cutive |                           |                                |
| O      | - Graduate Diploma in     |                                |
| fficer | Auditing, Chulalongkorn   |                                |
|        | University                |                                |
+--------+---------------------------+--------------------------------+
| N      | Education                 | Career                         |
| ame/Po |                           |                                |
| sition |                           |                                |
+--------+---------------------------+--------------------------------+
| M      | B.Sc. (Computer Science), | - Former Executive Director,   |
| r.Vira | University of Sacramento, | Software & Service Business    |
| In     | California State          | Unit, SVOA Group               |
| tanate |                           |                                |
|        |                           | - Former Director, Thaisoft    |
| Di     |                           | Co.,Ltd                        |
| rector |                           |                                |
+--------+---------------------------+--------------------------------+
| Mr.A   | B.Sc.(Electrical Eng.),   | - Former Executive Director,   |
| disorn | Chulalongkorn University  | Systems Integration Strategic  |
| Kae    |                           | Business Unit, SVOA Group      |
| wbucha |                           |                                |
|        |                           | - Former Field Engineering     |
| Pre    |                           | Manager, IBM (Thailand)        |
| sident |                           | Co.,Ltd.                       |
| &      |                           |                                |
| Chief  |                           |                                |
| Ope    |                           |                                |
| rating |                           |                                |
| Of     |                           |                                |
| ficer, |                           |                                |
| S      |                           |                                |
| ystems |                           |                                |
| Integ  |                           |                                |
| ration |                           |                                |
| Str    |                           |                                |
| ategic |                           |                                |
| Bu     |                           |                                |
| siness |                           |                                |
| Unit   |                           |                                |
| (      |                           |                                |
| SISBU) |                           |                                |
+--------+---------------------------+--------------------------------+
| M      | Mini MBA, Thammasat       | Former Deputy Executive        |
| r.Krit | University                | Director, IT Distribution      |
| K      |                           | Strategic Business Unit, SVOA  |
| ulsupp |                           | Group                          |
| aisarn |                           |                                |
|        |                           |                                |
| Pre    |                           |                                |
| sident |                           |                                |
| &      |                           |                                |
| Chief  |                           |                                |
| Ope    |                           |                                |
| rating |                           |                                |
| Of     |                           |                                |
| ficer, |                           |                                |
| IT     |                           |                                |
| P      |                           |                                |
| roject |                           |                                |
| Str    |                           |                                |
| ategic |                           |                                |
| Bu     |                           |                                |
| siness |                           |                                |
| Unit   |                           |                                |
| (I     |                           |                                |
| TPSBU) |                           |                                |
+--------+---------------------------+--------------------------------+
| Mr.    | -   Member The Institute  | - BAU Controller (Head of      |
| Wilson |     of Internal Auditor   | Finance & Department) ABB      |
| Teo    |     (U.S.A.)              | Transformers                   |
| Yong   |                           |                                |
| Peng   | -   Certified Public      | Pte Ltd.                       |
|        |     Accountant (CPA) The  |                                |
| Chief  |     Institute of          | - Chief Financial Officer,     |
| Fin    |     Certified Public      | Advanced                       |
| ancial |     Accountants of        |                                |
| Of     |     Singapore (S’pore)    | Research Group Co.,Ltd.        |
| ficer, |                           |                                |
| F      |   - Fellow of Chartered   |                                |
| inance |   Certified Accountant    |                                |
| &      |   (FCCA) The Association  |                                |
| Acco   |   of Chartered Certified  |                                |
| unting |   Accountants (U.K.)      |                                |
| Str    |                           |                                |
| ategic |                           |                                |
| Supp   |                           |                                |
| orting |                           |                                |
| Unit   |                           |                                |
| (      |                           |                                |
| FASSU) |                           |                                |
+--------+---------------------------+--------------------------------+

  Selection of Board of Directors and Executive Committee

  Selection criteria of candidates who will be appointed as Directors
  and Executive Committee are as follows:

  Director

  For the selection of the Board of Directors a non-vacant position, the
  Board of Directors will search for suitable candidates and propose to
  the shareholders at the shareholders’ meeting for consideration. For
  the selection of the Board of Directors for a vacant position, the
  Board of Directors will look for potential candidates and appoint the
  most suitable one to take the position. All Board of Directors have
  the rights to propose suitable names for their selection.

  Executive Committee

  For the selection of the Executive Committee, the Board of Directors
  has assigned the Chairman of the Board and CEO to search for
  candidates and propose the appointment of suitable persons to the
  Board of Directors for consideration.

  The committee who were major shareholders consists of two groups :

  1. Those who were representatives of shareholders of Apsilon Ventures
  Pte Ltd.

  1.1 Mr. Lam Kwok Chong

  1.2 Mr. Wong Chee Choy

1.3 Ms. Chee Hui Ling

2. Those who were representatives of shareholders of mr. Min Intanate

  2.1 Mr.Thienchai Srivichit

2.2 Mr.Sompon Ekteerajit

2.3 Mr. Vira Intanate

  Voting Rights of Minor shareholders for the Selection of Directors

  By means of majority votes, the shareholders’ meeting shall appoint
  the Board of Directors based on the following criteria and procedures
  :

1.  Each shareholder shall have one vote per one share.

2.  Each shareholder shall cast his/her vote for one or more candidate
    for Board membership but shall not divide his/her voting rights
    amongst more than one candidate. The persons with the most votes
    will be appointed Board of Directors.

3.  In a case where there is a tie amongst Board candidates, the
    Chairman of the meeting shall cast the deciding vote.

Monetary Remuneration

-   Monetary remuneration to the Directors has been specified clearly in
    the policy. It has been set at the same level as the industry which
    was high enough to attract and retain qualified Directors. The
    Directors who are assigned more duties and responsibilities will
    also receive higher remuneration appropriate for increase duties and
    responsibilities.

-   Monetary remuneration to the management follows the principle and
    policy set out by the Board of Directors and results from the
    performance of the company as well as that of each management. The
    subcommittee will specify and propose the appropriate monetary
    remuneration to the Company’s Board of Directors for their
    consideration and final approval.

-   Monetary remuneration to the Directors and Management in 2004 was as
    follows:

Monetary Remuneration

Director

+----------------------+-----------------------+----------+----------+
| Name                 | Position              | Annual   | Annual   |
|                      |                       | Remu     | Bonus    |
|                      |                       | neration | for the  |
|                      |                       | for the  | Year     |
|                      |                       | Year     | 2004     |
|                      |                       | 2004     | (Baht)   |
|                      |                       | (Baht)   |          |
+----------------------+-----------------------+----------+----------+
| 1. Mr                | Independent Director  | 84       | -        |
| s. Prapasri Amornsin | and Audit Committee   | 0,000.00 |          |
|                      | Chairman              |          |          |
+----------------------+-----------------------+----------+----------+
| 2. Mr.               | Director and Audit    | 48       | -        |
| Likit Therdsteerasak | Committee Member      | 0,000.00 |          |
+----------------------+-----------------------+----------+----------+
| 3.                   | Independent Director  | 48       |          |
| Mr. Prapon Phasukyud | and Audit Committee   | 0,000.00 |          |
|                      | Member                |          |          |
+----------------------+-----------------------+----------+----------+
| 4. Mr.               | Chairman of the Board | -        | -        |
|  Thienchai Srivichit |                       |          |          |
+----------------------+-----------------------+----------+----------+
| 5. Mr. Sompon        | Chief Executive       | -        | -        |
| Ekteerajit           | Officer               |          |          |
+----------------------+-----------------------+----------+----------+
| 6. Mr. Vira Intanate | Director              | -        | -        |
+----------------------+-----------------------+----------+----------+
| 7. Mr. Lam Kwok      | Director              | -        | -        |
| Chong                |                       |          |          |
+----------------------+-----------------------+----------+----------+
| 8. Mr. Wong Chee     | Director              | -        | -        |
| Choy                 |                       |          |          |
+----------------------+-----------------------+----------+----------+
| 9. Ms. Chee Hui Ling | Director              | -        | -        |
+----------------------+-----------------------+----------+----------+

Remark: No. 4-9 have not been remunerated due to they are Directors who
represent the major shareholders

Executive Directors and Management

  -------------- ------------ ---------------- ------------ ----------------
                 2004                          2003         

                 Total        Total Amount     Total        Total Amount
                 Persons      (Baht)           Persons      (Baht)

  Salaries       6            16,166,088.00    7            20,278,262.00

  Bonus          0            0.00             0            0.00

  Others*        6            3,610,592.28     7            1,552,257.00

  Total          6            19,776,680.28    7            21,830,519.90
  -------------- ------------ ---------------- ------------ ----------------

Others means provident fund, social security fund, Life/Health
Insurance, Car Insurance, Medical check-up, Allowance for mobile phone
charge, and Value of Car for executive position transferred to executive
at market price on November, 2004.

Business Control Policy

-   Policies regarding Code of the Best Practices of the Stock Exchange
    of Thailand

The Board of Directors have stipulated business control policy as it is
crucial for the sustainable growth of the business. The Company Board of
Directors is committed to follow such policy by specifying policy and
directions for the business operation. It has also established
appropriate Internal Audit and Internal Control to ensure effective
management and strict compliance with the Company’s regulations and
other related law. Besides the Board of Directors has regularly provided
the financial report and general information for shareholders and other
investors to know about the Company financial status and operating
performance for long-term benefits of shareholders as required by laws
and business ethics.

-   Conflict of Interest

Transactions which may cause conflict of interest : The Board of
Directors recognized transactions which cause conflict of interest and
other connected transactions and has always exercised through and proper
judgment which complies with the SET’s regulations. The price and
conditions are similar to Arm’s Length Transaction Basis and has
disclosed details, transaction value, reason/necessity in Connected
Transaction Report.

Monitoring of Insider Information Utilization

1.  The Management is to report any shareholding change to The Office of
    the Securities and Exchange Commission under the rules and
    procedures specified in Section 59 of the SEC Act B.E. 2535.

2.  The Company forbids Directors, Management and employees to utilize
    the Company’s insider information for their own benefits. Insider
    information is to be disclosed only to concerned persons such as
    auditors, legal counselors, etc. SVOA will disclose certain
    information to shareholders at a proper time.

    -   Criterion of Punishment

When the insider information is used in inappropriate way, the
Management shall punish such person upon the degree of intensive mistake
such as consideration of award to allot profit sharing as at the end of
the year, avoidance of insider information access by transferring
employee to other section, issuance of warning notice, etc.

Workforce

-   Total Employees

  As at 31^(st) December, 2004, there are totally 1,189 employees,
  increasing from the previous year for 237 employees or 24.90% to
  sustain the expansion of business.

-   No. of employees divided for each core business

  1. IT Distribution Strategic Business Unit 330

  2. Systems Integration Strategic Business Unit 95

  3. IT Project Strategic Business Unit 49

  4. Components Distribution Strategic Business Unit 2

  5. Supporting Unit 105

  6. IT CITY Public Company Limited 530

  7. AET Technology Co., Ltd. 78

  Total 1,189

-   Reason / Policy for the significant change of amount of employee or
    dispute in term of labor force in the past 3 years

  -None-

-   Total remuneration of employee could be divided as follow:-

  Salaries 144,010,815.53 Baht

  Bonus - Baht

  Provident Fund 4,842,542.20 Baht

  Social Security Fund 4,355,558.00 Baht

  Others 35,056,806.33 Baht

  Total 188,265,722.06 Baht

-   Policy for Human Resources Development

  Company realized high potential human resources as the most valuable
  property of the future organization. Human resources would make
  organization to be lively and capable to plan, solve problems, create
  new concept under cooperation of working team or efficient network
  resulting in utmost competitive advantage. Organization developed to
  be “Learning Organization” is focused on leadership development
  together with joint learning among employees including training &
  practice provided for increment of skill and expertise. This would
  generate morale and spirit to motivate all employees becoming engine
  which can drive Company to be an advanced organization and certainly
  offering the best products & services to customers. This is policy of
  human resources development which has been continuously updated