FORM OF SHARE OFFERING RESULT

Report on Result of Share offering Dusit Thani Plc December 23, 1997 1. Information of the shares offered: Type of shares offered: Odinary shares Number of shares offered: 1 m units Offered to: GS Emerging Market Real Estate Fund Ltd Part Offering price per share: Bt30 Subscription & payment date: Dec 15, 1997 2. Result of share offering : [/] all sold out [ ] some shares remained. The next offering may be made if there is some space in foreign ownership. 3. Details of the share offering: Thai Investors Foreign Investors Total Corp. Indv. Corp. Indv. No. of subscribers - - 1 - 1 No. of shares subscribed - - 1,000,000 - 1,000,000 % of total shares offered - - 1.18 - 1.18 4. Proceeds from the share offering: Total proceeds the offering Bt30 m Less total expenses - Net proceeds Bt30 m.