Restructure of the Company's Subsidiaries

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Aug 04, 2010



- Translation -

August 3, 2010

Subject Restructure of the Company's Subsidiaries

To The President, The Stock Exchange of Thailand

Central Pattana Public Company Limited ("CPN") has restructured 2 subsidiaries of the Company on August 2, 2010. The objective is to enhance the flexibility and efficiency of internal management. The details are as follow:

1. Register the liquidation of Central Realty Services Rama 3 Co.,Ltd. ("CR3"), the subsidiary that CPN indirectly holds 99.99% of shares. CR3 provides utilities service for CentralPlaza Ratchada-Rama III shopping center. The registered capital is Baht 175,000,000 (one hundred seventy five million baht).

 

2. Register the capital increasing of Central Pattana Rama 3 Co.,Ltd. ("CP3") to support the transferring of CR3's assets and liabilities. CP3 is the subsidiary that CPN directly holds 99.99% of shares. It provides the rental space at CentralPlaza Ratchada-Rama III shopping center. After the process, CP3 increased its registered capital from Baht 126,667,000 (one hundred twenty six million six hundred sixty seven thousand baht) to Baht 324,738,000 (three hundred twenty four million seven hundred thirty eight thousand baht). However, CPN remains the same proportion holding in CP3 as 99.99%.

 

Please be informed accordingly.

 

Yours faithfully,

 

- Signature -

(Miss Naparat Sriwanvit)
Company Secretary

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