04 November 1999

REPORT THE RESULTS OF EXERCISING RIGHT OF WARRANT (ESOP#2)

Form 81-5 Page 1 of 2 Pages The Report of the Results of the Offering of the Newly Issued Share Reserved for Exercising Right of Warrants Issued Pursuant to the Plan to Privately Issue and Offer the Common Share-Purchase Warrants to the Directors and Employees #2 of Sansiri Public Company Limited (The report form in accordance with the SEC Notification No. Kor Jor 12/1995) 1. Information relating to the Warrants Offering and Shares Reserved for Exercising Right of Warrants -Name of the Company who issued Warrants : Sansiri Public Company Limited -Newly Issued Shares : The newly issued shares reserved for exercising reserved for right of warrants issued pursuant to the Plan to Privately Issue and Offer the Common Share- Purchase Warrants to the Directors and Employees #2 -Maturity : 5 years from the closing date of the each subscription period -Totaling number of Warrants offered : 8,779,400 units which submit to issue under this plan (In this time, the Company has offered the whole number of Warrants, totaling 7,339,400 units in one time) -Offering Price : Baht -0- -Share-Purchase Right : 1 unit per 1 common share -Number of Newly Issued Shares Reserved for Exercising Right of Warrants : 8,779,400 shares -Exercising Price : Baht 5.- per 1 common share of the Company -Exercising Period : On the end of working day of every month between 9.00 AM to 4.00 PM until the maturity date -Date of Submission the Application for Permission to Issue Warrants and Shares Reserved for Exercising Right of Warrants : 19 August 1999 -The Date on which the Permission : 28 September 1999 was granted by SEC -Subscription Period and Term of Payment for the Price of Warrants : during 12 October 1999 to 18 October 1999 -Exercising Period of the Warrants Reported Hereunder : On 29 October 1999 -The Adjustment of the Right to Purchase shares : -N.A.- -The Exercising Price of Warrants : Baht 5.- per 1 common share of the Company Reported Hereunder 2. Exercising Right and Allotment 2.1 The Exercising Right Directors Employees Intermediary Total Purchaser Number of persons 3 14 - 17 Number of Warrants 180,000 1,186,000 - 1,366,000 Exercised Number of Shares to be Issued for this Exercising Right 180,000 1,186,000 - 1,366,000 Percentage of total Number Issued Shares Reserved for 13.18 86.82 - 100 Exercising Right (Mr. Apichart Chutrakul) (Mr. Srettha Thavisin) Directors Form 81-5 Page 2 of 2 Pages The Results of the Offering of the Newly Issued Share Reserved for Exercising Right of Warrants issued pursuant to the Plan to Privately Issue and Offer the Common Share-Purchase Warrants to the Directors and Employees of Sansiri Public Company Limited (The report form in accordance with the SEC Notification No. Kor Jor 12/1995) 2.2 The Allotment Directors Employees Intermediary Total Purchaser Number of persons 3 14 - 17 Number of the Exercised Warrants for which the Shares 180,000 1,186,000 - 1,366,000 being able to be issued Number of Shares being able to be issued for this Exercising Right 180,000 1,186,000 - 1,366,000 Percentage of total Number of Shares which being able to be issued for Exercising Right 13.18 86.82 - 100 3. Additional Details 3.1 Explanation of the reason why the number of persons who exercise right of the warrant do not equal to the number of persons to whom the Shares had been alloted. -N.A.- 3.2 Explanation of the reason why the number of the exercised warrants do not equal to the number of Warrants for which the shares are able to be issued. -N.A.- 3.3 Explanation of the reason why the number of shares issued for this exercising right of warrants do not equal to the number of shares being able to be issued therefor. -N.A.- 3.4 Total accumulated number of warrants issued up until this exercising right. 1,366,000 shares 3.5 Total accumulated number of shares issued up until this exercising right 1,366,000 shares 3.6 Total Balance of warrants being unexercised after this exercising right of warrant. 5,973,400 units 3.7 Total Balance of shares reserved for the exercising right of warrant after this exercising right of warrant. 5,973,400 shares The Company hereby certified that the information contained in this report form is true and complete in all respects. Signed...............................Reporter (Sansiri Public Company Limited) ( Mr. Apichart Chutrakul) (Mr. Srettha Thavisin) Directors