Amend Shareholder's Resolutions and Dividend Payment

TRANSLATION May 10, 2007 Subject : Amend Shareholder's Resolutions and Dividend Payment. To : Directors and Managers of Stock Exchange of Thailand. According to the inform letter of Dusit Thani Public Company Limited dated April 27, 2007, please be informed the amendment of Shareholder's Resolutions and Dividend Payment as follows: From 4. Approved the payment of dividend of the year 2006 totaling Baht 1.75 per share equivalent to Baht 146,679,625 as follow: 4.1 The interim dividend for the first half year at Baht 0.75 per share amounting to Baht 61,679,625 which had paid on September 7, 2006. 4.2 The payment dividend for the second half year at Baht 1.00 per share amounting to Baht 85,000,000. The second dividend will be paid on May 25, 2007. The interim dividend of year 2006 was paid after deducting treasury common stocks of 2,760,500 shares, as such dividend was paid on 82,239,500 shares. The dividend for the second half year shall be paid on 85,000,000 shares. TO 4. Approved the profit appropriation and the payment of dividend of the year 2006 as follows: 4.1 Approved the transferring of appropriated retained earning - other reserves consisted of reserve for dividend equalization of Baht 33 million and reserve for business expansion of Baht 277 million,totaling Baht 310 million to unappropriated retained earnings which affects from January 1, 2007. Because the unappropriated retained earning as of December 31, 2006 of Baht 922.66 million, deducted the dividend of Baht 85 million, then the unappropriated retained is Baht 837.66 million. This unappropriated retained earning presented under the equity method. But in 2007, the Company will adopt Accounting Standard No. 44 "Consolidation Financial Statements and Accounting for Investments in Subsidiaries"(Amendment No.1) by recording investments in - 2 - TRANSLATION May 10, 2007 Subject : Amend Shareholder's Resolutions and Dividend Payment. To : Directors and Managers of Stock Exchange of Thailand. subsidiaries from using the equity method to the cost method, as such the unappropriated retaining earnings per cost method after deducting dividends as of December 31, 2006 will be deficit at Baht 149.25 million. By approving the transfer of reserves mentioned above, the unappropriated retained earnings of the Company as of January 1, 2007 will be as follow: Unappropriated retained earning per cost method (deficit) Baht (149.25) million Add Other reserves Baht 310.00 million Unappropriated retained earning per cost method brought forward as of January 1, 2007 Baht 160.75 million 4.2 The interim dividend for the first half year at Baht 0.75 per share amounting to Baht 61,679,625 which had paid on September 7, 2006. 4.3 Approved the payment dividend for the second half year at Baht 1.00 per share amounting to Baht 85,000,000. The second dividend will be paid on May 25, 2007. The interim dividend of year 2006 was paid after deducting treasury common stocks of 2,760,500 shares; as such dividend was paid on 82,239,500 shares. The dividend for the second half year shall be paid on 85,000,000 shares. Yours faithfully, MRS. SINEE THIENPRASIDDHI Director and Secretary to The Board of Directors