27 November 2002

CLARIFICATION ON ACQUISITION IN WORLD TRADE CENTER

Central Pattana Public Company Limited Clarification of report in the newspaper regarding on acquisition of World Trade Center (Additional) November 27, 2002 Subject : Clarification of news regarding on acquisition in World Trade Center (Additional) To : The President The Stock Exchange of Thailand According to news in certain newspapers that Central Pattana Plc may not invest and manage the World Trade Center, CPN would like to clarify that CPN is assessing the situation and risk whether we will proceed with this project. Though the project is good and can generate high return, but it is a sizable project. Therefore the management need to be careful to ensure that the risk is managable. The risk arise from certain small retails do not co-operate well with CPN. Management would like to emphasize that it will principlely decide on the interest of its shareholder. Please be informed accordingly Your Faithfully, Naris Cheyklin Secretary to the Board of Director