Inform of Resolutions of BOD Meeting and Dividend Payment

TRANSLATION August 8, 2006 Subject : Notification of Resolutions of the Board of Directors' Meeting and Dividend Payment. To : Directors and Managers of Stock Exchange of Thailand The Board of Director's Meeting No. 6/2006 of Dusit Thani Public Company Limited (Company) held on August 8, 2006 approved the following: 1.Unanimously approving the Company to sell its treasury stocks in the amount of 2,760,500 shares to the minority shareholders of Royal Princess Public Company Limited and Dusit Hotels and Resorts Company Limited who are not connected persons of the Company. Provided that, such minority shareholders must in return sell their shares of Royal Princess Public Company Limited and Dusit Hotels and Resorts Company Limited to the Company by exchanging the shares as the following ratios: 1 treasury stock of the Company to 2.5 shares of Royal Princess Public Company Limited. Round up fraction to 1 share. 1 treasury stock of the Company to 2 shares of Dusit Hotels and Resorts Company Limited. Round up fraction to 1 share. In case where the minority shareholders of both companies do not purchase all remaining treasury stocks of the Company, the Company will further sell the remaining treasury stocks on the Main Board of the Stock Exchange of Thailand, as the Company thinks fit. If the treasury stocks still remain after the sale on the Main Board, the Company will reduce its paid-up capital by cancellation of the unsold treasury stocks. 2. Approved the distribution of interim dividend for the period of January to June 2006 at the rate of Baht 0.75 (Stang Seventy Five) per share equivalent to Baht 61,679,625 . The dividend payment will be on September 7, 2006 and according to the above mentioned the Company will close the Share Register Book on August 23, 2006 at 12.00 a.m. for the right to receive the such dividend. In additional, the number of common shares for interim dividend for the period of January to June 2006 shall be 82,239,500 shares, due to the Treasury Stock of 2,760,500 shares which has to be deducted. Yours faithfully, MRS. SINEE THIENPRASIDDHI Director and Secretary to The Board of Directors