15 November 2000

OPERATING RESULTS Q3/2000 - CPN

TRANSLATION The Company's profit in Q3/2000 increase from Q3/1999 more than 20% because in Q3/2000 the company had loss on foreign exchange of 118 million Baht which decrease from Q3/1999 by approximately 62 million Baht. Should we exclude the exchange loss and provision for losses on loan , the profit before tax of Q3/2000 would be 209 million Baht which increase from Q3/1999 by approximately 57 million Baht or 37%. This is due to higher rental and service income mainly received from the Central Plaza Rachada Rama 3, Central Plaza Lardprao, Central Plaza Pinklao and Central Festival Center Pattaya.