presented an outstanding location with perfect facilities. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 13 of 14 The development of Dusit Central Park will commence

units under the brands “Dusit Residences”, comprising 159 units, and “Dusit Parkside”, comprising 230 units, in which CPN has 40% stake in the project. The project is proudly presented an outstanding

of the material information of the Tender Offer hereunder. It is recommended that all shareholders of the Business study the details and information of this Tender Offer documents thoroughly before

lower than 50 percent in accordance with the Notification of the Capital Market Supervisory Board No. Tor Jor. 20/2551, Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal

transaction having a value of more than 15 percent but lower than 50 percent in accordance with the Notification of the Capital Market Supervisory Board No. Tor Jor. 20/2551, Re: Rules on Entering into Material

the Notification of the Capital Market Supervisory Board No. TorChor 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Asset dated 31 August 2008 (as amended

74.85 million or 9.08 percent, due to the decrease in product sales volume of 4.58 percent and decrease in raw material cost, salary and benefits of the employees, repairs and maintenance expense and gas

Board No. TorChor 20/2551 Re: Rules on Entering into Material Transactions Deemed as Acquisition or Disposal of Asset dated 31 August 2008 (as amended) and the Notification of the Board of Governors of

the price of raw material which was the main cost of sales of the Group. Selling Expenses Selling expenses mainly consist of salary for the café’s staff, space and equipment rental expenses at each

especially the reduction in the price of raw material which is the main cost of sales of the Group. We also adjusted selling price since May this year, which causes gross profit margin to increase