Free Float Rate

Translation December 15, 2006 Subject: Free Float Rate To: The President The Stock Exchange of Thailand (SET) Reference: 1. SET's letter No. BorJor 967/2549 2. Notification of the sale of DTC's treasury stocks to the minority shareholders of Royal Princess Plc. (RPP) and Dusit Hotels and Resorts Company Limited (DHR) Attachment: The DTC Free Float Report Due to Dusit Thani Public Company Limited ("Company") had free float rate less than SET regulation for consecutive 2 years, as of April 10, 2006 the Company had free float amounts to 1,018 persons holding 12,546,476 shares or 14.76% of total paid-up capital. The Company has rectified the issue as the approval of the Board of the Company No.6/2006 held on August 8, 2006 to sell 2,760,500 treasury stocks to minority shareholders of Royal Princess Public Company Limited (RPP) and Dusit Hotels and Resorts Company Limited (DHR) who are not connected persons of the Company during November 10-20, 2006 under the condition that the shareholders of RPP and DHR must pay for the share price with their ordinary shares held by them. Since the Company has free float rate according to the SET regulation already by selling 636,805 treasury stocks to the 217 minority shareholders of RPP and 91,200 treasury stocks to the 56 minority shareholders of DHR, the share sale represents 0.86% of the total paid-up capital. The remaining 2,032,495 treasury stocks were all sold out through the Stock Exchange of Thailand during November 28 to December8, 2006. Therefore, the sale of treasury stocks to those minority shareholders of RPP and DHR including the sale of treasury stocks through the SET was increased the total minority shareholders of DTC as of December 8, 2006 up to 1,172 persons holding 15,504,561 shares or 18.24% of total paid-up capital. With this letter, the Company has submitted the Free Float Rate Report for your consideration. Sincerely yours, Dusit Thani Public Company Limited Mr. Chanin Donavanik Director and Managing Director