03 มีนาคม 2542

PROGRESS REPORT ON PREPARATION FOR Y2K (ENDING AT 31/12/1998

Form 57 (Y2K) SANSIRI PUBLIC COMPANY LIMITED Progress Report on Preparation for Y2K Report No. 3 (ending at December 31, 1998) Sansiri Public Company Limited the main business of which is real estate development; having its registered office at 18 floor of Siripinyo Building , No. 475 Sri Ayutthaya Road,Thanon Phayathai Sub-district , Rajthevi District , Bangkok 10400 , Telephone No. 201-3905 ,Fax No. 201-3904 , would like to report the preparation for the Year 2000 problem , Report No. 3 ending at December 31, 1998 , as follows:- The preparation for the Year 2000 problems: 1. The Actions taken since the last report Preparation of 01/01/1999 - 31/03/1999 -On process ,which Contingency Plan expected to be ready to proceed on the 1st quarter of 1999. 2. Management Analysis Although the test result of our main computerised operation system and personal computer used in the Company indicated that they will not be affected by the Y2K problem,but we are still cautions of this problem. Therefore we have instructed our IT department to co-ordinate with each and every departments in the Company in order to find the way to resolve the problem or any other contingencies which may arise in the year 2000, by preparing the contingency plan for emergency event. This contingency plan is expected to complete within the 1st quarter of this year. In confirming that this set of articles and information has been certified as one whole complete set. We have assigned Mr. Nopporn Boonthanom to initial his signature on each and every pages of this document. In the event where his signature does not appear on any particular page of this document , it is then be known that we will not reponsible for any articles and information contained within it. Name Position Signature 1. Mr. Chittin Sibunruang Director .................................................. 2. Mr. Vasant Chatikavanij Director .................................................. 3. Mr. Apichart Chutrakul Director .................................................. 4. Mr. Srettha Thavisin Director .................................................. 5. Mr. Wanchak Buranasiri Director .................................................. Name Position Signature 1. Mr. Nopporn Boonthanom Vice President .................................................. -Legal Department