28 March 2003

CONCLUSION ON LEASE AGREEMENT OF CENTRAL LADPRAO WITH SRT

Central Pattana Public Company Limited Conclusion on the payment of the lease agreement of Central Plaza Ladprao with The State Railway of Thailand March 27, 2003 Subject : Conclusion on the payment of the lease agreement of Central Plaza Ladprao with The State Railway of Thailand To : The President The Stock Exchange of Thailand Refer to the previous announcement of Central Pattana Public Company Limited (CPN) that the issues between Central Inter Pattana Co., Ltd. (CID) and The State Railway of Thailand (SRT) has been finalized, CPN would like to inform additionally that CPN, as informed by CID, will be responsible of the payment to SRT as follows; Payment date Amount (Million Baht) Compensation for related to such issues for March 31, 2003 49.56 the period before 2003 June 30, 2003 47.79 The additional rental for 2003-2008 December 30. 2003 25.37 December 30. 2004 39.53 December 30. 2005 39.53 December 30. 2006 39.53 December 30. 2007 39.53 December 18. 2008 39.53 However, CPN will seek approval from its Board of Directors in the meeting to be held on April 2,2003. CPN will inform SET and investors thereafter. Please be informed accordingly Yours Faithfully, Naris Cheyklin Secretary to the Board of Director