13 January 2006

Progress on the settting up Red Lotus Properties Limited

(English Translation) Ref. SS./ 0024 /2006 12 January 2006 Subject : A progress information on the setting up Red Lotus Properties Limited To : President The Stock Exchange of Thailand As Sansiri Public Company Limited ("Sansiri") had report its board of directors' resolution approving the investment by setting up a subsidiary wholly own 100% of its registered capital by Sansiri, i.e. Red Lotus Properties Limited which would be registered set up as a company within 31 January 2006. Now, Sansiri would like to inform the progress of the investment by setting up the said subsidiary, to the SET, that Red Lotus Properties Limited has already registered as a limited company under the Civil and Commercial Code at the Department of Business Development, the Ministry of Commerce on 12 January 2006. Please be informed accordingly. Yours sincerely, (Mr. Wanchak Buranasiri) Senior Executive Vice President