ข่าวแจ้งตลาดหลักทรัพย์

(Translation) Ref. SS./ 0406 /2002 8 August 2002 Subject : Investment in Absolute Business Co., Ltd. To : President The Stock Exchange of Thailand The Sansiri Public Company Limited's board of directors meeting # 5/2002 held on 8 August 2002 during 14.00 to 15.00 hours, has passed the following resolutions. The Company would like to report the information concerning the Acquisition of Assets of the Company as follows: 1. Transaction Date : 8 August 2002 2. The parties involved : Absolute Business Co., Ltd. 3. Investment Amount : 54,000 baht 4. The details of assets acquired : The Company agrees to invest in the Absoulute Business Co., Ltd. by acquiring 100% of its registered capital of 100,000 baht by divided into 10,000 ordinary shares at the par value of 10 baht per share 5. Objective of the Investment : To be the Company's subsidiary, which will be focused on real estate business of the Company in the future 6. Board of Directors : (1) Mr. Songchai Sodthiphabkul (2) Mr. Korntawat Kingngoen (3) Ms. Mullika Limchosakul (4) Ms. Parichart Keaw-ngarm (5) Mrs. Oranuch Phuchmongkol (Remark The Board of directors will be changed to the executive officer of the Company) 7. The basis used to determine of the consideration : book value 8. The sources of funds : Working Capital 9. The return on investment : Dividend 10. The general characteristics of the transaction : The entry into the transaction by the Company and the transaction size are not fell within any jurisdiction of the notification of the SET Re: Rule, Procedures and Disclosure of Information Concerning the Acquisition and Disposition of Asset of Listed Companies Please be informed accordingly. Yours sincerely, (Mr. Srettha Thavisin) President