13 November 2002

CLARIFICATION ON AQUISITION OF LARGE-SCALE SHOPPING CENTER

Central Pattana Public Company Limited Clarification of report in the newspaper regarding on acquisition of large-scale shopping center November 13, 2002 Subject : Clarification of news regarding on acquisition of large-scale shopping center To : The President The Stock Exchange of Thailand According to a news in the Manager on November 13, 2002 indicated that Central Pattana Plc. will finalize the acquisition of large scale shopping center within November 30, 2002 , we would like to clarify that we have signed memorandum of understanding. Currently, we are in due diligence process and expect to finalize the negotiation within December 31, 2002 Please be informed accordingly Yours Faithfully, Naris Cheyklin Secretary to the Board of Director