SET Announcements

(English Translation) Ref. SS./ 2842 /2004 27 September 2004 Subject : Report an increase of paid-up capital of a subsidiary. To : President The Stock Exchange of Thailand Sansiri Public Company Limited would like to report an increase of paid-up capital of Plus Property Partners Co., Ltd., a subsidiary, as follows: 1. Payment date : 21 September 2004 2. The registration date of paid-up capital : 27 September 2004 3. The company name : Plus Property Partners Co., Ltd. ("PLUS") 4. The existing capital -Registered capital : 168,640,000 Baht by divided into 16,864,000 shares at the par value of 10 Baht -Paid up capital : 168,640,000 Baht by divided into 16,864,000 shares at the par value of 10 Baht After capital increase -Registered capital : 400,000,000 Baht by divided into 40,000,000 shares at the par value of 10 Baht -Paid up capital : 400,000,000 Baht by divided into 40,000,000 shares at the par value of 10 Baht 5. The general characteristics : The entry into the transaction by the Company and the size of the transaction are not fell within any jurisdiction of the notification of the SET Re: Rule, Procedures and Disclosure of Connected Transaction of Listed Companies and Re: Rule, Procedures and Disclosure of Information Concerning the Acquisition and Disposition of Asset of Listed Companies. 6. The objective of investment : To be used as additional working capital of PLUS 7. The benefit expected to be received : Profit from operation, dividend 8. The source of funds : The Company's working capital Please be informed accordingly. Yours sincerely, Sansiri Public Company Limited (Mr.Wanchak Buranasiri) Executive Vice President