Central Pattana Plc. (CPN) was resolved at its board of directors' meeting no. 3/1997 held on March 28, 1997 as follows: 1. The board certified minutes of the board of directors' meeting no. 42/1996. 2. The board ascertained the report on the operating result of the company and its subsidiaries during the 4th quarter of 1996. 3. The board acknowledge the report on progress of unoperational projects. 4. The board considered a dividend payment and profit appropriation for the fiscal year 1996. A dividend of Bt1.50/share was approved for payment on May 28, 1997 to shareholders whose names appear in the company's share registration book on April 16, 1997. 5% of the net profit was allocated as company's legal reserve. 5. The board scheduled the general shareholders' meeting no. 1/1997 for 9.00 am. on April 28, 1997. The share registration book would be closed on this account at 12.00 am. of April 16, 1997 until the meeting is over. The agenda of this meeting will be on consideration of following issues: 1) To certify minutes of the extraordinary shareholders' meeting no. 2/1996 2) To acknowledge the company's operating result 3) To approve the company's balance sheets and profit/loss statements for the fiscal year 1996 4) To consider profit allocation and to approve dividend payment for the fiscal year 1996 as follows: 4.1) Dividend of Bt1.50/share to be payable on May 28, 1997 4.2) Legal reserve of 5% of net profit 5) To appoint directors to replace those ending their tenures 6) To appoint auditors and determine annual remuneration 7) To consider director remuneration 8) To consider other issues (if any)