24 พฤษภาคม 2542

REPORT THE RESULTS OF THE SHAREHOLDER

(F53-5) Page 1 of 3 Pages SANSIRI PUBLIC COMPANY LIMITED REPORTS THE RESULTS OF THE SHARE OFFERING 21 May 1999 Whereas the Company had already decreased the registered capital of the Company from Baht 3,312,991,260 (Three Thousand, Three Hundred and Twelve Million, Nine Hundred and Ninety One Thousand, Two Hundred and Sixty Baht) to Baht 794,743,810 (Seven Hundred and Ninety Four Million, Seven Hundred and Forty Three Thousand, Eight Hundred and Ten Baht); and Increased the registered capital of the Company from Baht 794,743,810 (Seven Hundred and Ninety Four Million, Seven Hundred and Forty Three Thousand, Eight Hundred and Ten Baht) to Baht 13,294,143,810 (Thirteen Thousand, Two Hundred and Ninety Four Million, One Hundred and Forty Three Thousand, Eight Hundred and Ten Baht) by issuing the new ordinary shares in the amount of 1,249,940,000 (One Thousand, Two Hundred and Forty Nine Million, Nine Hundred and Forty Thousand Shares) with the par value of Baht 10.- (Ten Baht) each , totaling Baht 12,499,400,000 (Twelve Thousand, Four Hundred and Ninety Nine Million, Four Hundred Thousand Baht) By approved to allot the new issued ordinary shares in the amount 8,000,000 (Eight Million) ordinary shares as the Private Placement to Starwood Thailand Corporation , one of the 17 institutional investors as specified in clause 2 of the Notification of the Securities Exchange Commission Re: Rules Conditions and Procedure for Applying for and Granting Permission to Offer Newly-Issued Shares for Sale, at the price of Baht 5 (Five Baht) per share (being less than par value of registered shares). The remaining new issued shares (after allotted to Starwood Thailand Corporation at the price of Baht 5 (Five Baht) as specified in the preceding paragraph) in the amount of 1,241,940,000 (One Thousand, Two Hundred and Forty One Million, Nine Hundred and Forty Thousand) shares will be issued and allotted as follows: (1) in the amount of 478,840,000 (Four Hundred and Seventy Eight Million, Eight Hundred and Forty Thousand) ordinary shares to be issue at no less than Baht 10.-(Ten Baht) by will be allotted wholly in one time or partly from time to time to the 17 type institutional investors and/or to the specific investors not more than 35 persons within each 12 month period in accordance with the clause 2 of the Securities Exchange Commission Re: Rules Conditions and Procedure for Applying for and Granting Permission to Offer Newly-Issued Shares for Sale, and (2) in the amount of 763,100,000 (Seven Hundred and Sixty Three Million, One Hundred Thousand) ordinary shares to be issue at no less than Baht 10.-(Ten Baht) by will be allotted wholly in one time or partly from time to time to the 17 type institutional investors and/or to the specific investors not more than 35 persons within each 12 month period in accordance with the clause 2 of the Securities Exchange Commission Re: Rules Conditions and Procedure for Applying for and Granting Permission to Offer Newly-Issued Shares for Sale, and (3) that the Board of Directors be authorized to determine the details of the allotments including, the identity of the subscriber, the terms, conditions, date, time, procedures or other details relating to the offer of those shares, as appropriate, and (Mr. Apichart Chutralul) (Mr. Srettha Thavisin) Directors (F53-5) Page 2 of 3 Pages SANSIRI PUBLIC COMPANY LIMITED REPORTS THE RESULTS OF THE SHARE OFFERING 21 May 1999 This time the Company had made the share offering in the amount of 4,353,846 (Four Million, Three Hundred and Fifty-three Thousand, Eight Hundred and Forty-six) shares , leaving the number of shares to be further offered in the amount of 1,237,586,154 (One Thousand, Two Hundred and Thirty-seven Million, Five Hundred and Eighty-six Thousand, One Hundred and Fifty-four) shares. The Company , then , report the results of the said offering to Stock Exchange of Thailand, as follows:- 1. Information relating to the share offering - Class of shares offered : Ordinary shares - Number of shares offered (Total) : 4,353,846 shares - Offered to : (1) Chanachai Limited 353,846 shares (2) Kay Thai Company Limited4,000,000 shares (One of the 17 institutional investors as specified in the SEC Announcement) - Price per share : Baht 5.- - Subscription and payment period : (1) commence from 29 April 1999 to 7 May 1999 during 8.00 - 17.00 hour each day at the Company's office. (offered to Chanachai Limited); and (2) commence from 10 May 1999 to 14 May 1999 during 8.00 - 17.00 hour each day at the Company's office. (offered to Kay Thai Company Limited) 2. Results of the share sale ( / ) totally sold (__) partly sold, with ______-No-______ shares remaining The Company will deal with the remaining shares as follows:- ____________________________-No-_________________________________ 3. Details of sale Thai investors Foreign investors Total JuristicNatural Juristic Natural persons persons persons persons - Number of persons 2 __-___ ___-___ __-___ 2 - Number of shares subscribed 4,353,846 __-___ ___-___ __-___ 4,353,846 - Percentage of total shares offered for sale (in this time) 100 __-___ ___-___ ___-__ 100 (Mr. Apichart Chutralul) (Mr. Srettha Thavisin) Directors (F53-5) Page 3 of 3 Pages SANSIRI PUBLIC COMPANY LIMITED REPORTS THE RESULTS OF THE SHARE OFFERING 21 May 1999 4. Amount of money received from the share sale Total amount : Baht 21,769,230.- (Twenty-one Million, Seven Hundred and Sixty-nine Thousand, Two Hundred and Thirty Baht) Less expenses : Bt ______-_______ million Net amount received : Baht 21,769,230.- (Twenty-one Million, Seven Hundred and Sixty-nine Thousand, Two Hundred and Thirty Baht) Signature ________________________________________ Authorized director (Mr. Apichart Chutrakul) PositionDirector Signature ________________________________________ Authorized director (Mr. Srettha Thavisin) PositionDirector PP3-99\report-set-eg