Announcement the Important Board of Directors' Resolution Including Dividend Payment and Fixes the Ordinary General Meeting of Shareholders February 28, 2005 To : The President, The Stock Exchange of Thailand Subject : To announce the important Board of Directors'resolutions including proposed annual dividend payment and fix the ordinary general meeting of shareholders. The Board of Directors of Central Pattana Public Company Limited at its meeting no.1/2005 held on February 28, 2005 passed the following important resolutions: 1. Fix an ordinary general meeting of shareholders no. 1/2005 on April 28, 2005 at 2.00 p.m. at The Offices at Centralworld, 999/9 RamaI Road, Patumwan, Bangkok. 2. Fix the date for closing the company shares register for the right to attend the ordinary general meeting on April 7, 2005 at 12.00 a.m. until the end of the meeting. 3. Propose the annual dividend payment for the year ended December 31,2004 at Baht 0.25 per share to the ordinary general meeting of shareholders for approval. The dividend, if approved, will be paid to shareholders on May 25, 2005. 4. Fix the date for closing the company share register for the right to receive the dividend on May 9, 2005 at 12.00 a.m. 5. Fix the agendas for the ordinary general meeting of shareholders as follows: 5.1 To certify the minutes of the ordinary general meeting of shareholders no.1/2004 held on April 21, 2004. 5.2 To acknowledge the Board of Directors' report for year 2004. 5.3 To approve the audited financial statements for the year ended December 31, 2004. 5.4 To approve the appropriation of profit and dividend payments for 2004. 5.5 To elect directors to succeed those are retiring on rotation and approve directors'remuneration.In this year directors to succeed those are retiring on rotation are Mr.Anek Sithiprasasana, Mr.Paitoon Taveebhol, Mr.Chakchai Panichapat, Ms.Sunandha Tulayadhan and Mr.Sudhisak Chirathivat. 5.6 To appoint the auditor for year 2005 and approve their remuneration. 5.7 Other businesses (if any) Please be informed accordingly. Your Faithfully, (Naris Cheyklin) Secretary to the Board of Directors