Translation October 20, 2006 Subject : Inform the public offering of Dusit Thani Public Company Limited's treasury stock via share swap with non-related minorities shareholders of Royal Princess Public Company Limited and Dusit Hotels & Resorts Company Limited To : The President of the Stock Exchange of Thailand (SET) With reference to the Board of Directors Meeting of Dusit Thani Public Company Limited No. 6/2006 held on August 8, 2006, the Board of Directors approved the selling of 2,760,500 treasury stock to non-related minorities shareholders of Royal Princess Public Company Limited and Dusit Hotels & Resorts Company Limited. The Company's filing and prospectus to sell the treasury stock via share swaps with non-related minorities shareholders of Royal Princess Public Company Limited and Dusit Hotels & Resorts Company Limited, is effective starting on October 13, 2006, according to the following details: 1. Issuer : Dusit Thani Public Company Limited 2. Type of Securities : Common Shares (Treasury Stock) 3. Number of the Company's Securities : 2,760,500 shares 4. Par Value : Baht10 each 5. Share Swap Ratio : - 1 Company's Common Share (Treasury Stock) at par value of Baht10 per share for 2.50 Royal Princess Public Company Limited's shares, with all fractions round up to the full value - 1 Company's Common Share (Treasury Stock) at par value of Baht10 per share for 2.00 Dusit Hotels & Resorts Company Limited's shares, with all fractions round up to the full value 6. Subscription and Payment Period : November 10 - 20, 2006 (Except Sunday) 7. Location for Subscription and Payment : Dusit Executive Development Center Company Limited Dusit Commercial Building, 2nd Floor Bangkok Telephone (02) 2009111-4