21 มีนาคม 2551

Report on the Disposal of the Common Shares (Revised)

Ref: ST/010/2008/0016 March 20th, 2008 Re: Report on the Disposal of the Common Shares of the Company's Subsidiary (Revised) To: The President The Stock Exchange of Thailand The information regarding on the disposal of the common shares of HTR Company Limited- the Company's subsidiary, as follows: 1. Transaction Date: March 14th, 2008 2. Related contract: A.P.F. Hospitality Company Limited 3. Type of Transaction: To sell the whole allot of common shares of P.P. Coral Resort Company Limited amounting to 681,000 shares or 46.01% at 84.366 per share, where the total amount is 57,453,429.77 Baht. The transaction is equaled to 1.51% of total assets of the company and it is not the connected transaction. 4. Value of Consideration: Total amount: 57,453,429.77 Baht. 5. Basis of Transaction: The comparison between acquisition or disposition Classification value and Company assets value. The price per share at 84.366 Baht derived from the evaluation and it is considered suitable. 7. Beneficial: Increase working capital It is therefore informed for your acknowledgement and dissemination to the public and other investors. Yours sincerely, Mr. Woraphant Chontong SEVP. Financial and Administration Division