08 December 1997

TAKES MORE STAKE IN AYUDHYA KASET

Central Pattana Plc increased holding ownership in Ayudhya Kaset Thani Co, Ltd from 10% to 12% as detailed below: Characteristics of acquired assets : 73,846 common shares in Ayudhya Kaset Thani Co, Ltd or 2% of registered capital Ayudhya Kaset Thani's capital : Bt400 m split into 4 m common shares, Bt100 par value, totally paid up Total ownership now : 473,846 shares Objectives : to have more administrative authority in that firm Remunerations : Bt4.8 m (Bt65 apiece) Value criteria : based on par value and current net assets Transaction size : not categorised as acquisition of listed company's assets nor connected transaction.