30 March 2001

REPORT THE RESULT OF ECD CONVERSION TO COMMON SHARES

No.50/2544/36 CENTRAL PATTANA PUBLIC COMPANY LIMITED REPORT THE RESULTS OF CONVERTIBLE DEBENTURE CONVERSION TO COMMON SHARES March 30, 2001 To :The President, The Stock Exchange of Thailand Subject :To report the results of convertible debenture conversion to common shares Central Pattana Public Company Limited has set the date for converting the company's Euro Convertible Debentures into common shares since June 11, 1996 until March 27,2001. The results of the conversion are as follows: No. of convertible No. of convertible No. of common Debenture holders debentures Shares 1. Thai national 0 shares 0 shares 2. Foreign national 50 shares 12,250 shares Total 50 shares 12,250 shares Consequently, there are 27,660 remaining convertible debentures amounted to US$ 27,660,000 and the company will have paid-up capital increased from Baht 100,000,000 to Baht 100,122,250. Please be informed accordingly. Your Faithfully, Naris Cheyklin Secretary to the Board of Directors