OMIT DIVIDEND PAYMENT AND ANNUAL SHAREHOLDERS MEETING

Translation February 27, 2001 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. 1/2001 held on Tuesday February 27, 2001 had resolutions as follows: 1. The company will omit dividend payment for the operation form January to December, 2000 because the company has retained deficit. 2. The Annual General Shareholders Meeting No.8/2001 on Wednesday April 25, 2001 at 3.00 p.m. at Dusit Thani Hall, The Dusit Thani Hotel, 946 Rama IV Road, Silom, Bangrak, Bangkok. The date for closing the company share register for the right to attend the meeting will be March 30, 2001 at 12.00 p.m. until the meeting will be finish. 3. The agendas for the meeting will be; 3.1 To approve the Minutes of the Annual General Shareholders Meeting No. 7/2000. 3.2 To acknowledge the Company's performance for 2000. 3.3 To consider and approve the Balance Sheet and the Profit and Loss Statement for fiscal year 2000. 3.4 To consider the non-payment of dividend for fiscal year 2000. 3.5 To elect Directors to replace those who will retire by rotation and determine the year 2001 Directors' remuneration. 3.6 To appoint an auditor and fix the auditor's remuneration for year 2001. 3.7 To consider and approve the amendment of the Articles of Association to conform with the Authorized Director entitled to sign to bind the Company. 3.8 To consider and appoint Authorized Director entitled to sign to bind the Company. 3.9 To consider other matters (if any) Sincerely yours, Mrs. Sinee Thienprasiddhi Director and Secretary to the Board of Directors