SET Announcements

(English Translation) Ref. No. SS/ 0380 / 2005 22 March 2005 Subject : Correcting to the information regarding the decrease of registered capital of the Company To : President The Stock Exchange of Thailand Reference : The Company's letter, SS. / 0362 / 2005, re: Sansiri Public Company Limited announces annual dividend payment and sets date for Annual General Meeting of Shareholders # 10/2005, dated 22 March 2005. As Sansiri Public Company Limited has reported the information to the SET, the details of which are appeared in the Reference. The Company would like to correct the information regarding the decrease of registered capital of the Company (by canceling its registered but un-issued share), by correcting the total number of shares to be issued for additional reserved for the adjustment of the exercising right of the warrant issued under the ESOP Plans # 2, #3 and # 4, the details of which are as follow: Previously contents "(1) The 1,068,372 shares Reason : At first, the Extraordinary Meeting of Shareholders # 1/2003 held on 17 November 2003 had passed the resolution to allot the 6,738,878 new ordinary shares as the additional reserved for the adjustment of the exercising right of the warrant issued under the ESOP Plans # 2, #3 and # 4 which may have to be made due to the fact that the Company has made a right offering of share, pursuant to the terms and conditions of the Plans. And as a result of the calculation made pursuant to the formula prescribed in the Plans, the total number of shares to be issued for additional reserved were 5,357,172 shares. Therefore, the Company still had the remaining un-issued shares in the number of 1,068,372 shares, which the Company had to cancel the said remaining un-issued shares." Correct to the new contents "(1) The 1,068,372 shares Reason : At first, the Extraordinary Meeting of Shareholders # 1/2003 held on 17 November 2003 had passed the resolution to allot the 6,738,878 new ordinary shares as the additional reserved for the adjustment of the exercising right of the warrant issued under the ESOP Plans # 2, #3 and # 4 which may have to be made due to the fact that the Company has made a right offering of share, pursuant to the terms and conditions of the Plans. And as a result of the calculation made pursuant to the formula prescribed in the Plans, the total number of shares to be issued for additional reserved were 5,670,506 shares. Therefore, the Company still had the remaining un-issued shares in the number of 1,068,372 shares, which the Company had to cancel the said remaining un-issued shares." Please be informed accordingly. Yours sincerely, (Mr. Wanchak Buranasiri) Executive Vice President