FINANCIAL STATEMENT FOR THE QUARTER ENDED MARCH 31, 2000

operating activities 214,658 192,016 136,514 136,510 DUSIT THANI PUBLIC COMPANY LIMITED AND SUBSIDIARIES STATEMENTS OF CASH FLOWS (CONTINUED) FOR THE QUARTER ENDED MARCH 31, UNAUDITED Baht :000 CONSOLIDATED EQUITY METHOD 2000 1999 2000 1999 CASH FLOWS FROM INVESTING ACTIVITIES Proceeds from sales of investments in other company 1,225 - 1,225 - Proceeds from the liquidation of subsidiary - 203 - 203 Proceeds from sales of property, premises and equipment 3,316 - - - Proceeds from sale of assets relating to the hotel management service business - - 2,189 - Purchase of shares in subsidiary, associated and other companies (448) (11,917) (227) (11,917) Purchase of property, premises and equipment (16,248) - (10,001) - Net increase in property, premises and equipment - (23,091) - (6,804) Net cash provided by (used in) investing activities (12,155) (34,805) (6,814) (18,518) CASH FLOWS FROM FINANCING ACTIVITIES Payments of bank overdrafts and loans from financial institutions (5,091) (16,086) (3,524) (6,500) Payments of long-term loans (69,949) (264,067) - (233,067) Proceeds of loans repayment from subsidiaries - - - 5,991 Net cash provided by (used in) financing activities (75,040) (280,153) (3,524) (233,576) Exchange differences on the translation of the financial statements of subsidiaries 1,357 14,173 - - Net increase (decrease) in cash and cash equivalents 128,820 (108,769) 126,176 (115,584) Cash and cash equivalents as at January 1, 650,728 730,994 491,087 440,760 Cash and cash equivalents as at March 31, 779,548 622,225 617,263 325,176 See notes to the interim financial statements