02 มิถุนายน 2543

ALLOTTED THE NEWLY ISSUED SHARE AS A PRIVATE PLACEMENT

Ref. SS./0252/2000 2 June 2000 Subject : Allotted the newly issue shares of Sansiri Public Company Limited as a Private Placement. To : Director and Manager of The Stock Exchange of Thailand The Sansiri Public Company Limited's board of directors meeting # 4/2000 held on 1 June 2000 during 2.00 p.m. to 3.30 p.m., has passed the resolutions with respect to the issuance and allotment of the newly issue shares of the Company, the details of which are as follows: It was unanimously resolved to approve the issuance and allotment of not more than 10,000,000 (Ten Million) newly issued share with the par value of Baht 10 (Ten) each to its subsidiaries who was qualified to be one of the 17 institutional investors as specified in the SEC Announcement, at the price of Baht 10 (Ten) per share. Mr. Srettha Thavisin, the President was appointed by the board of director to set the particular date, time and venue of the share subscription of the said offer in accordance with conditions to be further agreed. The objective of this share offering was to raise money from the said subsidiaries to repay the Company's debt and its subsidiaries will use the subscribed shares to settle its debt with the creditor which, presently, is in negotiation process. Please be informed accordingly. Yours truly, (Mr. Apichart Chutrakul) Chief Executive Officer