13 September 1996

INFORMS LAND RENTING OF ITS SUBSIDIARY

Referring to Central Pattana Plc (CPN) report on the incorporation of Central Pattana Cholburi Co.,Ltd., CPN informed the leasing land in Central Pattana Cholburi Co.,Ltd. as follows: 1.Details of acquired assets : Central Pattana Cholburi Co.,Ltd. will sign a 30-year contract to rent land located on the BY PASS of Cholburi consisting of 33 rai, 2 ngarn, 92 square wah. It will be used as a location of a new department store. 2. Related partners: The contract will be made between CPN and Central Pattana Cholburi Co.,Ltd., CPN's wholly owned subsidiary. 3. Total value of payment : Bt161.7 million. The total payment will be made one time within September, 1996. 4. Criteria used to set payment : The value was determined from the assessed price of nearby land. 5. Investment objective : To rent land for a new department store 6. Expected benefit : To develop and expand its department store business 7. Calculation of acquired assets : The company confirmed that this transaction was not considered an acquisition of listed company's assets.