18 November 1996

CLARIFIES ITS Q3/1996 FINANCIAL STATEMENT

CPN reported a summary of its reviewed quarterly financial statements as follows: (In Thousands) Ending September 30 3rd Quarter For 9 Months 1996 1995 1996 1995 CPN/CPN and its subsidiaries Net profit 154,791 121,185 437,841 332,948 EPS (Bt) 1.55 1.21 4.38 3.33 Central Pattana Plc (CPN) clarified its Q3/1996 financial statement which had a more than 20% better performance than Q3/1995 as it can make a profit of Bt34 million in Q3/1996 or an increase of 28%. The higher profit resulted from the opening of a new branch, Pinklao, which generated revenues in full capacity. Therefore, it makes Q3/1996 performance to post higher profit than Q3/1995.