Resignation of The Director

October 10, 1997 Subject: Resignation of The Director To: Director and Manager The Stock Exchange of Thailand Dusit Thani Public Company Limited was informed by Mr.Chatri Sophonpanich of his resignation from being Dusit Thani's board of directors effective since September 29,1997. Reasons were given that presently he was involved with too many responsibilities of bank business as well as overseas travelling lately. Yours faithfully, (Khunying Chanut Piyaoui) Chairperson and Managing Director