No. 50/2543/27 Central Pattana Public Company Limited announce Annual Dividend Payment,Fix the Date for an Ordinary General Meeting Of Shareholders and Amendment the Resolution of Issuance and Offer for sales of Debenture The board of directors of Central Pattana Public Company Limited at a meeting no. 1/2000 held on 22 February 2000 passed the following important resolutions: 1. That the annual dividend payment for the year ended 31 December 1999 at Baht 1.25 per share will be proposed to the ordinary general meeting of shareholders for its approval. Dividend will be paid to shareholders on 27 April 2000. 2. That the date for closing the company share register for the right to receive the dividend will be on 4 April 2000 at 12.00 p.m. 3. That an ordinary general meeting of shareholders no.1/2000 shall be held on 28 March 2000 at 9.00 am at Floor 12th Central Plaza Lardprao Building, Lardyao, Chatuchak, Bangkok 4. That the date for closing the company share register for . the right to attend the meeting will be on 7 March 2000 at 12.00 p.m. until the end of the meeting . 5. The agenda for the meeting are as follows : 5.1 To certify the minutes of the ordinary general meeting of shareholders no. 1/1999 held on 21 April 1999. 5.2 To receive the board of directors'report for 1999. 5.3 To approve the audited balance sheets and profit and loss statements for the year ended 31 December 1999. 5.4 To approve the dividend payments for 1999. 5.5 To elect directors to succeed those completing their terms and fix their remuneration. 5.6 To appoint an auditor and fix their remuneration. 5.7 To amend the resolution of Issuance and Offer for sales of Debenture. 5.8 Other businesses (if any). 6. That the resolution of issuance and offer for sales of debentures at the Board of Directors Meeting on 16 March 1999 and the Ordinary General Meeting of Shareholders dated 21 April 1999 was amended to be as follows : Type : Secured debentures and/or unsecured and un-subordinated debentures Amount : Baht 5,000 Million Redemption Period : not exceeding 10 years Offering : Offer for sale to public or offer for sale to not more than 35 investors and/or 17 types of investors according to the Notification of the Securities and Exchange Commission,in one or more offerings depending upon the need for funding and the consideration of the Company. Provided that Board of Directors or person(s) designated by the Board shall be authorized to determine the type, interest rate, and size of debentures to be issued each time within the above mentioned total amount,details and other related conditions, including negotiation,entering into agreements, signing document and performing any act which is, for beneficial of the Company, necessary and appropriate in connection with the issuance and offering for sale of the debentures. This resolution amendment regarding the issuance and offer for sales of debentures shall be further submitted to the Shareholders' Meeting for approval. -------------------------- ( Naris Cheyklin) Company Secretary