SET Announcements

(Translation) Ref. SS./ 0171 /2003 3 March 2003 Subject : Sansiri Public Company Limited omits dividend payment and sets date for ordinary general meeting of shareholder # 8/2003 To : President The Stock Exchange of Thailand Enclosure : The details of Particulars of Objects (Amendment) of Sansiri Public Company Limited The Board of Directors of Sansiri Public Company Limited in meeting # 2/2003 held on 3 March 2003 at 16th Floor, Siripinyo Building, 475 Sri Ayutthaya Road, Rajthevi, Bangkok, has approved the following resolutions: Item 1. That the Company will omits dividend payment for the operation from 1 January 2002 to 31 December 2002 because eventhough the Company has net profit for the 2002's operation, it still suffered a accumulated loss in the previous financial years, ended 31 December 2002, it cannot pay dividends. Item 2. That an ordinary general meeting of shareholders # 8/2003 should be held on 30 April 2003 at 10.00 hour, at Vendome 2 Room, Sofitel Silom Hotel, Silom Road, Bangrak, Bangkok 10500. Item 3. That the date for closing the Company share registration for the right to attend the meeting will be on 10 April 2003 at 12.00 pm. until the meeting has adjourned. Item 4. That the agenda for the meeting will: 1. Certify the minutes of the Extraordinary Meeting of the Company's Shareholders, No.2/2002 held on 18 November 2002. 2. Certify the Company's annual report and the board of directors' report of the work done for the period of 2002. 3. Approve the Company's balance sheets, profit and loss statements, and cash flow statements which have been audited by the auditor of the Company as at 31 December 2002. 4. Consider the allocation of the net profit for legal reserves and dividend omissions for the year 2002's operational results. 5. Appoint new directors to succeed those completing their terms. 6. Acknowledge the appointment of the Audit Committee. 7. Approve the remuneration of the directors and Audit Committee for the year 2002. 8. Appoint the auditor and fix the auditing fee for the year 2003. 9. Approve an amendment to Clause 3. (Objects) of the Memorandum of Association of the Company. 10. Other businesses (if any). Please be informed accordingly. Yours truly, (Mr. Wanchak Buranasiri) Director