INFORM THE BOARD OF DIRECTORS'S RESOLUTION

February 28, 2000 Subject:Inform the Board of Directors' resolution To:Directors and Managers of Stock Exchange of Thailand The Board of Directors' Meeting of Dusit Thani Public Company Limited No. 1/2000 held on Monday, February 28, 2000 had resolutions as follows: 1.The company will omit dividend payment for the operation from January to December, 1999 because the company has retained deficit. 2.An ordinary general meeting of shareholder No. 7/2000 should be hold on April 27, 2000 from 3.00 p.m. at Dusit Thani Hall, Dusit Thani Hotel, Rama IV Road, Bangrak, Bangkok. The date for closing the company share register for the right to attend the meeting will be held on April 7, 2000 at 12.00 p.m. until the meeting will be finish. 3.The agendas for the meeting will be 3.1Certify the minutes of the Extraordinary meeting of shareholder No. 1/1999. 3.2Acknowledge the company's performance and the Board of Directors' Report for 1999. 3.3Approve the company's balance sheets and profit and loss statement as at December 31, 1999. 3.4Consider the dividend omission for 1999's operation results. 3.5 Appoint the new directors to succeed those completing their terms, and fix the number of directors, their authority and their remuneration for 2000 3.6Appoint an auditor and fix the auditing fee for 2000. 3.7Consider other issues (if any) Sincerely yours, Khunying Chanut Piyaoui Chairperson and Managing Director