Central Pattana Public Company Limited Clarification of report in the newspaper regarding an acquisition of The World Trade Center Bangkok July 22, 2002 Subject : Clarification of the report regarding joint venture investment in World Trade Center Bangkok To : The President The Stock Exchange of Thailand According to the report in the Manager newspaper on July 22, 2002 that Central Pattana Plc. has finalized discussion regarding joint venture investment and management in the World Trade Center Bangkok with Wang Petchaboon Co.,Ltd. and will sign the memorandum of understanding within this month, we would like to clarify that currently we are still in negotiation process on major conditions with Wang Petchaboon Co.,Ltd. and other related parties. We expect to finalize all those conditions soon then we will be able to sign the memorandum of understanding. Please be informed accordingly Yours Faithfully, Naris Cheyklin Secretary to the Board of Director