23 July 2003

Use of proceeds from the increase of registered capital

Central Pattana Public Company Limited Report of use of proceeds from the increase of registered capital July 22, 2003 Subject To report of use of proceeds from the increase of registered capital To President of The Stock Exchange of Thailand According to the increase of registered capital of Central Pattana Public Company Limited from 1,000,122,500 Baht to 2,000,245,000 Baht on December 20, 2003, the Company would like to inform that the proceeds from the increase of registered capital totaling 1,000,012,250 Baht was invested in Thai Business Fund 4 to acquire "Central World Plaza" (World Trade Center Bangkok) on December 23, 2002. Please be informed accordingly. Yours faithfully, (Naris Cheyklin) Secretary to the Board of Directors