25 June 1997

FOUNDS NEW SUBSIDIARY

Central Pattana Plc. (CPN) said its board of director has resolved to found a company named Pattanan Charoenwiwat Co., Ltd., thus the company reported on the establishment details as below: 1. Company Objective: To produce, distribute, and import foods, baked food, and refreshments 2. Type of Business: Shops in shopping malls 3. Registered Capital: Bt1 million (100,000 shares, Bt10 par value each) 4. Investment Proportion: 99.93% held by CPN 5. Benefits Expected: Bring in products of foreign brandnames to lift the image of the shopping malls to a universal level Comment: Please verify details in R-SIMS. Translated by The Nation