RESIGNATION OF THE BOARD OF DIRECTORS' MEMBER

TRANSLATION January 24, 2001 Subject Resignation of the Board of Directors' member To Director and Managers of Stock Exchange of Thailand Dusit Thani Public Company Limited had received a letter of resignation from Mr. Banterng Tantivit. Mr. Banterng resigned, citing as his reason that he does not wish to be in violation of the Bank of Thailand announcement which does not allow Executive of Commercial Bank holding Directorship in more than 3 companies. Therefore, Mr. Banterng Tantivit expressed his intention to resign from Directorship of Dusit Thani Public Company Limited, effective January 22, 2001. Sincerely yours (Mrs. Sinee Thienprasiddhi) Director