Report of the Acquisition of Dusit Thani Laguna Phuket Hotel

Translation No. CSO 039/2010 August 10, 2010 Subject: Notification on the Assets Acquisition from Laguna Resorts and Hotels Public Company Limited To: Directors and Managers of the Stock Exchange of Thailand As Laguna Resorts and Hotels Public Company Limited ("LRH") expressed an intention to sell its hotel property Dusit Thani Laguna Phuket via a formal tender process, Dusit Thani Public Company Limited ("the Company") has decided to participate in the said tender. Given the fact that the hotel property has successfully been managed by the Company for more than 23 years and has eventually become well known in the global markets, the Company strongly believes that, in light of the high potential for tourism of Phuket, this hotel property will help sustain our growth and strengthen our brand network in the southern part of Thailand as proven by the hotel's financial historical records. After the first bidding process on July 7, 2010, the Company was selected one of the finalists and therefore proceeded to negotiate in further details with Laguna Resorts and Hotels Public Company Limited to elaborate the final proposal. On August 5, 2010, the Company has presented the detailed information on price, terms and conditions of the final proposal to the Company's Audit Committee for consideration. The proposal was later approved from the Board of Directors Meeting, No.4/2010, held on August 5,2010, with the resolution to submit the proposal for purchasing the hotel property including its inventories and operating supplies in value of Bt 2,620 million. However, the Company shall bear the burden of the expenses and tax incurred by the transfer of the ownership which is approximately Bt 96 million including the employee transfer (for those who wish to continue their employment with the Company). In total, this investment transaction is worth Bt 2,716 million. The Company has a plan to integrate such property into the property fund of which one-third is invested by the Company. However, the Company has to borrow a short-term loan from financial institutions during the establishment of the property fund. The Company was, on August 10, 2010, informed of the tender result from Laguna Resorts and Hotels Public Company Limited which the Company won the bidding and was thus entitled to purchase Dusit Thani Laguna Phuket in accordance with the previously proposed price and stipulated terms and conditions. Such transaction is considered the assets acquisition with the transaction size of 49.47 per cent of the Company's total asset as of March 31, 2010 according to the Notification of the Stock Exchange of Thailand concerning Disclosure of Information or Acts of Listed Companies. The Company has consequently made the information disclosure document (Type 1) as attached with this notification letter. Please be informed. Yours faithfully, Mrs. Sinee Thienprasiddhi Company Secretary