Share Repurchase for financial management purposes

Translation September 18, 2003 Subject: Share Repurchase for financial management purposes. To: Directors and Managers of Stock Exchange of Thailand. We, Dusit Thani Public Company Limited, hereby notify the Stock Exchange of Thailand of the resolution of the board of directors, no. 6/2003, held on September 18, 2003 regarding approval of share repurchase with the details as follows: 1. Number of shares repurchased 4,500,000 shares or equal to 5.29% of the total of paid- up capital. The purpose is for financial management because the Company has excess liquidity. 2. The repurchase price is not exceed 43 baht per share. The maximum amount for the share repurchase is 193.50 million baht. 3. Procedure used for the repurchasing of shares is on the Stock Exchange of Thailand. 4. The repurchase period will be started from October 1, 2003 to December 30, 2003. Sincerely yours, (Mrs. Sinee Thienprasiddhi) Director & Secretary to the Board of Directors