Inform Shareholders' Resolutions and Dividend Payment

TRANSLATION April 27, 2005 Subject : Inform Shareholders' Resolutions and Dividend Payment. To : Directors and Managers of Stock Exchange of Thailand Please be informed the resolutions from the Annual General Shareholders Meeting No. 12/2005 of Dusit Thani Public Company Limited held on April 27, 2005 as follows: 1. Certified and approved the Minutes of the Annual General Shareholders Meeting No. 11/2004. 2. Acknowledged the Company's performance for the year 2004. 3. Approved the Audited Balance Sheets and Statements of Income for the year ended December 31, 2004. 4. Approved the payment of dividend of the year 2004 totaling Baht. 2.50 per share equivalent to Baht 205,598,750 as follows: 4.1 The interim dividend for the first half year at Baht 1.00 per share amounting to Baht 82,239,500 which had paid on September 10, 2004. 4.2 The payment dividend for the second half year of 2004 at Baht 1.50 per share amounting to Baht 123,359,250. The second dividend will be paid on May 12, 2005. In additional, the number of common shares for paying the dividend for the year 2004 shall be 82,239,500 shares, due to the Treasury Stock of 2,760,500 shares which has to be deducted. 5. Re-elected the Directors whose tenure will be ended for another term as follows: 1. Thanpuying Chanut Piyaoui Director 2. Professor Hiran Radeesri Independent Director and Audit Committee Chairman 3. Mr. Sakdi Kiewkarnkha Independent Director and Audit Committee Member 6. Approved Mr. Chatri Sophonpanich to be an additional Director. 7. To determine the Board of Directors' remuneration for the year 2005 as follows: 7.1 Approved the remuneration for attending the meeting not exceed Baht 2,800,000. 7.2 Approved the bonus to the Board of Directors for the year 2005 not exceed Baht 2,055,987. 8. Appointed Dr. Suphamit Techamontrikul or Ms. Somporn Dulyawit or Ms. Thanawan Anuratbodi from Deloitte Touche Tohmatsu Jaiyos Co. as the auditor of the Company for the year 2005. The auditor's remuneration in 2005 is Baht 1,377,000. 9. Other matters. Yours faithfully, MRS. SINEE THIENPRASIDDHI Director and Secretary to The Board of Directors