Announces the Annual Dividend Payment and Fixes the Date For an Ordinary General Meeting of Shareholders February 26, 2003 To : The President, The Stock Exchange of Thailand Subject : To announce the proposed annual dividend payment and fix the date for an ordinary general meeting of shareholders and other important Board of Directors' resolutions The Board of Directors of Central Pattana Public Company Limited at its meeting no. 1/2003 held on February 26, 2003 passed the following important resolutions: 1. That the annual dividend payment for the year ended December 31,2002 at Baht 1.00 per share will be proposed to the ordinary general meeting of shareholders for its approval. The dividend will be paid to shareholders on May 16, 2003. 2. That the date for closing the company share register for the right to receive the dividend will be on May 2, 2003 at 12.00 a.m. 3. That the limit of foreign shareholders will be increased from 20 % to 30 % and this will be proposed to the ordinary general meeting of shareholders for its approval. 4. That an ordinary general meeting of shareholders no. 1/2003 shall be held on April 17, 2003 at 9.00 a.m. at the auditorium on Floor 7th World Trade Center Bangkok. 5. That the date for closing the company share register for the right to attend the meeting will be on March 27, 2003 at 12 a.m. until the end of the meeting. 6. The agenda for the ordinary general meeting of shareholders are as follows: 6.1 To certify the minutes of the extraordinary general meeting of shareholders no. 1/2002 held on November 15, 2002 6.2 To acknowledge the Board of Directors' report for 2002 6.3 To approve the audited balance sheets and profit and loss statements for the year ended December 31, 2002. 6.4 To approve the dividend payments for 2002. 6.5 To elect directors to succeed those completing their terms and approve their remuneration. 6.6 To appoint the auditor for 2003 and approve their remuneration. 6.7 To approve the increase of limit of foreign shareholders in the Articles of Association. 6.8 To approve the additional clause regarding treasury stock in the Articles of Association. 6.9 Other businesses (if any) Please be informed accordingly. Your Faithfully, ( Naris Cheyklin ) Secretary to the Board of Directors