19 August 1996

CLARIFIES ITS Q2/1996 FINANCIAL STATEMENT WITH DETAILS

CPN reported the summary of its reviewed quarterly financial statements as follows: (In Thousands) Ending June 30 2nd Quarter For 6 months 1996 1995 1996 1995 CPN/CPN & its subsidiaries Net profit 149,348 111,594 283,049 211,764 EPS (Baht) 1.49 1.12 2.83 2.12 Central Pattana Plc (CPN) clarified its Q2/1996 financial statement which had a better performance than the same period of last year by 70% as follows: The company generated 70% more profits in the Q2/1996 or a profit of Bt38 million from the opening of its business in Pinklao which generated a tremendous revenues. This caused the profit in Q2/1996 to be higher than the same period of last year.