13 กันยายน 2539

REPORTS JOINT INVESTMENT OF ITS SUBSIDIARY

Central Pattana Plc (CPN) reported the investment in Rodemco Thailand B.V. Co.,Ltd., an foreign company of CPN's wholly owned subsidiary, Central Pattana Cholburi Co.,Ltd. The details are as follows: 1. Investment objective : To jointly operate a department store of the Central Plaza Project in Cholburi 2. Busines type : Department Store 3. Registered capital : Central Patana Cholburi Co.,Ltd., has a registered capital of Bt1 million divided into 10,000 shares at a par of Bt100. 4. Investment Porportion : CPN previously held shares in Central Pattana Cholburi Co.,ltd. in the ratio of 99.93% of registered capital. The CPN's share holding ratio will be reduced to 99.92% after the investment of Rodemco Thailand B.V. Co.,Ltd. which will hold the remaining 0.01% or equivalent to 1 share. CPN has planned to increase the capital of Central Pattana Cholburi Co.,ltd. which will lead to an increase of 25% in the share holding ratio of Rodemco Thailand B.V. Co.,Ltd., in Central Pattana Cholburi Co.,ltd. 5. Expecte benefit : To develop and increase its department store business 6. Calculation of acquired assets : The company confirmed that this transaction was not considered an acquisition of listed company's assets. 7. Relationship of the company and related partner : No relationship