SET Announcements

(Translation) Ref. SS./ 0045 /2004 29 January 2004 Subject : Notification of the subscription and payment period for the newly issued shares of Sansiri Public Company Limited To : President The Stock Exchange of Thailand Reference : (1) The Company's letter, SS. / 0846 /2003, re: Announcement of capital increase and the allotment of the newly issued shares of Sansiri Public Company Limited, dated 10 October 2003. (2) Capital Increase Report Form, dated 10 October 2003. (3) The Company's letter, SS. / 0962 /2003, re: Report on the resolution at the Extraordinary Shareholders Meeting # 1/2003 of Sansiri Public Company Limited, dated 18 November 2003. Whereas the board of directors of Sansiri Public Company Limited ("the Company") had reported the resolutions concerning the capital increase and the allotment the newly issued shares of the Company, together with the Capital Increase Report Form, to the SET, the details of which were appeared in the Reference (1) and (2). Subsequently, the Extraordinary Shareholders Meeting # 1/2003 which was held on 17 November 2003, has passed the resolution approving the allotment of newly issued shares pursuant to the Company's capital increase in the amount of 589,218,474 new ordinary shares, to the Company's existing shareholders in proportion to their shareholding entitlements, the subscription ratio is 3 existing shares to 2 newly issued ordinary shares at the price of Baht 5.- per share. The Board of Directors are authorized to have the power to do any acts and things necessary for and relevant to the offering of shares to the existing shareholders in all respects, including but not limited to, fixing the closing date of the Share Register Book of the Company for the purpose of determining the right to subscribe for the capital increase shares, as well as, the conditions and details of the offering, date and time for the subscription and payment of the subscription price, and to appoint any substitute to conduct such acts, the details of which had appeared in the Reference (3). In this regard, the Company would like to inform the resolution of the Board of Directors of the Company in the meeting # 1/2004 held on 29 January 2004 during 14.00 hour to 15.30 hour as follows: (i) The Share Register Book of the Company will be closed for the purpose of determining the right of the shareholders to subscribe for the capital increase shares on 13 February 2004 at 12.00 noon; and (ii) The subscription and payment period for the 589,218,474 new ordinary shares to be allotted to the Company's existing shareholders whose names appear in the Share Register Book of the Company on 13 February 2004 at 12.00 noon in proportion to their shareholding entitlements, i.e. during 25 February 2004 to 2 March 2004 at 9.00 hour to 16.00 hour. Other details in relation to the subscription of the shares for capital increase shall be appeared in the Notice of the Subscription of New Shares to be further sent to the Shareholders. Please be informed accordingly. Yours sincerely, (Mr. Apichart Chutrakul) Chief Executive Officer