Central Pattana Public Company Limited The payment of the lease agreement of Central Plaza Ladprao with The State Railway of Thailand April 2, 2003 Subject : 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) dated March 27, 2003 that CPN, as informed by Central Inter Pattana Co., Ltd., will be responsible of the compensation and additional rental to SRT amounting to 320.37 million Baht, the Board of Directors meeting no. 2/2003 of CPN, by considering appropriateness and fairness of the payment, has approved the payment of such compensation amounting to 314.94 million Baht. The payment schedule are as follows; Payment date Amount (Million Baht) Compensation for related to such issues for March 31, 2003 48.72 the period before 2003 June 30, 2003 46.98 The additional rental for 2003-2008 December 30. 2003 24.94 December 30. 2004 38.86 December 30. 2005 38.86 December 30. 2006 38.86 December 30. 2007 38.86 December 18. 2008 38.86 In this regard, Central Inter Pattana Co., Ltd. has already accepted and agreed with this amount. However, CPN still has obligation to pay the rental according to the land lease agreement as follows; Payment Term Month (Baht) 2003-2007 3,719,600 Baht per annum 2008 3,958,653 Baht per annum Please be informed accordingly Yours Faithfully, Naris Cheyklin Secretary to the Board of Director