DISPOSES OF STAKE IN DUSIT SINTORN

Dusit Thani Plc was resolved at the 3/1998 board meeting on Feb 20, 1998 to dispose of 50% stake in Dusit Sinthorn Co Ltd at the price of Bt1,110 m to Siam Sinthorn Co Ltd, which the contract will be signed by Feb 27, 1998 and Siam Sinthorn is expected to repay within Mar 31, 1998. Disit Sinthorn Co Ltd invested 120,050,000 marks in Dusit Betelliguns GmbH, a listed company in Gemany, accountable for 100% stake. Moreover, Dusit Betelliguns GmbH is holding 83.27% in Kempinski AG, also a listed company in German stock market, whose registered capital stays 13,750,000 marks. This company is conducting hotel business owning 3 hotels of its own and admistering 24 more both in Europe and Asia. Comment : Please verify in PUBLIC SIMS. Translated by the Nation