CENTRAL PATTANA PUBLIC COMPANY LIMITED CHANGE ITS BOARD OF DIRECTORS Central Pattana Public Company Limited at its Board of Directors meeting #5/2545 on July 9, 2002 has approved the following resolutions: 1. Approved the resignations of the following directors: Name Position 1) Ms. Suchittra Mongkolkiti Director 2) Mr. Suthiphand Chirathivat Director Effective from July 10, 2002 onwards. 2. Approved the appointments of directors and audit committee to replace the 6 directors and audit committee who have resigned at its Board of Directors meeting #4/2545 on May 10, 2002 (4 person) and Board of Directors meeting #5/2545 on July 9, 2002 (2 person). The new directors and audit committee who have been nominated are as follow: Name Position 1) Mr. Sudthikiati Chirathivat Director 2) Mr. Suthichart Chirathivat Director 3) Mr. Sudhisak Chirathivat Director 4) Mr. Paitoon Taveebhol Director and Chairman of Audit Committee 5) Mr. Chakchai Panichapat Director and Audit Committee member 6) Ms. Sunandha Tulayadhan Director and Audit Committee member Effective from July 10, 2002 onwards. Please be informed accordingly. Yours Faithfully, ---------------------- ( Naris Cheyklin ) Secretary to the Board of Directors