CONSOLIDATED FINANCIAL STATEMENT QUARTER 3, 1999

Other current liabilities (21,897) (25,609) (40,644) (21,667) Net cash provided (used) by operating activities 513,083 349,346 327,221 269,219 DUSIT THANI PUBLIC COMPANY LIMITED AND SUBSIDIARIES STATEMENTS OF CASH FLOWS (CONTINUED) FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, UNAUDITED Baht :000 CONSOLIDATED THE COMPANY ONLY 1999 1998 1999 1998 CASH FLOWS FROM INVESTING ACTIVITIES Proceeds from sale of investments of subsidiary and investments in associated companies 30 1,233,143 15 1,110,000 Cash received from the liquidation of subsidiary 203 - 203 - Cash received from loan to subsidiary and associated companies - 1,150 10,143 - Cash payment for investments in subsidiary and other companies (50,142) (10,728) (11,917) (10,816) Cash payment for loan to subsidiary - - (10,143) (100,600) Net (increase) decrease in property, premises and equipment (92,204) 61,356 (51,863) (45,618) Net cash provided (used) by investing activities (142,113) 1,284,921 (63,562) 952,966 CASH FLOWS FROM FINANCING ACTIVITIES Increase (decrease) in bank overdrafts and loans from financial institutions (14,824) (88,185) 801 (2,847) Increase in loans from subsidiaries - - 5,623 49,980 Cash received from repayment of loans to subsidiaries - 51,144 - - Decrease in long-term liabilities (545,245) (1,121,599) (322,259) (1,059,184) Net cash provided (used) by financing activities (560,069) (1,158,640) (315,835) (1,012,051) Exchange differences on the translation of the financial statements of subsidiaries 33,192 (157,700) - - Net increase (decrease) in cash and cash equivalents (155,907) 317,927 (52,176) 210,134 Cash and cash equivalents as at January 1, 730,994 398,693 440,760 285,589 Cash and cash equivalents as at September 30, 575,087 716,620 388,584 495,723 See notes to the interim financial statements The interim financial statements have been subjected to a review