CPN ANNOUNCES A CONNECTED TRANSACTION BY A SUBSIDIARY ( Disposal of Securities ) Central Pattana Public Company Limited would like to announce that a board of director's meeting # 8/2000 of Langsuan Realty Service Company Limited(A subsidiary in which Central Pattana Public Company Limited holds 99.99% of the available shares) held on November 21, 2000 passed the following resolutions concerning a connected transaction. The details are as follows : 1.The date on which the transaction occurs : November 24 ,2000 2.The parties involved : Name Relationship with the company Buyer: Central Plaza Hotel Public Company Limited : Related company Seller:Langsuan Realty Service Company Limited : Subsidiary company 3.The general characteristics of the transaction : Disposal of securities 4.Details of the disposed securities: - The company's name : Food Novelties Company Limited - The nature of its business : Food & Beverage - Registered capital : 25,000,000 Baht - Paid-up capital : 25,000,000 Baht - Number of securities disposed of : 2,499,994 shares - Selling price per share : 10.00 Baht - Proportion of securities holding before : 99.99 % - Proportion of securities holding after : 0% 5.The total value of the consideration : 24,999,940 Baht 6.The value of disposed securities - Book Value ( As of September 30,2000 ) : 10,574,343 Baht - Par Value : 24,999,940 Baht 7.The details of the connected persons and the related persons and the nature and extent of the interest of the connected person in the transaction : Names Position in the %shares held Position in %shares held company in the company Central Plaza in Central Plaza Hotel PCL. Hotel PCL. 1.Mr.Vanchai Chairman, 4.00 Chairman, 3.90 Chirathivat Direcotr, Executive Director 2.Mr.Sudhitham Director, 7.00 - 1.17 Chirathivat President&CEO (Holds thru Central 5.28 (Holds thru Tiang 0.13 Holding Co.,Ltd.) Chirathivat Co.,Ltd) 3.Mr.Prin Director, 4.00 Director 0.58 Chirathivat Executive Director, (Holds thru Central 5.28 (Holds thru Tiang 0.06 Holding Co.,Ltd.) Chirathivat Co.,Ltd) 4.Mr.Suthiphand Director, 4.00 - 0.58 Chirathivat Executive Director, - - (Holds thru Tiang 0.13 Chirathivat Co.,Ltd) 5.Mr.Suthichai Director 0.48 Executive Director 7.29 Chirathivat (Holds thru Central 4.46 (Holds thru Tiang 0.53 Holding Co.,Ltd.) Chirathivat Co.,Ltd) 6.Mrs.Suchittra Director 4.00 Director 2.10 Mongkolkiti - - (Holds thru Tiang 0.03 Chirathivat Co.,Ltd) 7.Mr.Sudhipak Vice President of 0.73 - 1.01 Chirathivat New Business Development, (Holds thru Central 0.55 (Holds thru Tiang 0.13 Holding Co.,Ltd.) Chirathivat Co.,Ltd) 8.Mr.Suthilaksh - 0.60 - 1.01 Chirathivat (Holds thru Central 1.86 (Holds thru Tiang 0.27 Holding Co.,Ltd.) Chirathivat Co.,Ltd) 9.Mr.Sudhisak - - - 1.17 Chirathivat (Holds thru Central 0.65 (Holds thru Tiang 0.13 Holding Co.,Ltd.) Chirathivat Co.,Ltd) 10.Mr.Suthichart - - - 1.60 Chirathivat (Holds thru Central 0.60 (Holds thru Tiang 0.13 Holding Co.,Ltd.) Chirathivat Co.,Ltd) 11.Mr.Suthiporn - - - 2.72 Chirathivat (Holds thru Central 0.55 (Holds thru Tiang 0.36 Holding Co.,Ltd.) Chirathivat Co.,Ltd) 12.Mrs.Wanida - 1.21 - 6.92 Chirathivat - - Chirathivat Co.,Ltd) 0.13 13.Mrs.Nateanong - 2.11 - 0.51 Chirathivat 14.Mrs.Suvimol - 3.87 - 0.51 Chirathivat - - (Holds thru Tiang 0.04 Chirathivat Co.,Ltd) 15.Prelink - 0.75 - 1.11 Company Limited Total 51.98 34.25 ------------------------ ( Mr. Kobchai Chirathivat ) Director