Share Repurchase for financial management purposes

Translation November 13, 2003 Subject:Share Repurchase for financial management purposes To: Directors and Managers of Stock Exchange of Thailand According to the resolution of the Board of Directors of Dusit Thani Public Company Limited no.6/2003,held on September 18,2003 regarding approval of share repurchase 4,500,000 shares or equal to 5.29% of the total of paid-up capital for financial management purposes. The repurchase price is not exceed 43 baht per share. In the meeting no 7/2003 held on November 13, 2003, the Board of Directors of the Company had reconsidered and had resolution to decrease the number of share repurchasing from 4,500,000 shares to 2,779,500 shares or 3.27% of the total of paid-up capital in order to protect the decrease of Non-Strategic Shareholders not less than 15% of the total of paid-up capital.