16 February 2006

(Audited Yearly F/S (F45-1)) Reports: Audited yearly statements as follows. Name CPN Retail Growth Property Fund Audited (In thousands) For the period from 11 August 2005 to 31 December 2005 For year Year 2005 Net profit (loss) 252,204 EPS (baht) 0.2310 Auditors Opinion:Unqualified Opinion Comment: 1. Please see details in financial statements, auditor's report and remarks from SET SMART "The company hereby certifies that the information above is correct and complete. In addition, the company has already reported and disseminated its financial statements in full via the SET Electronic Listed Company Information Disclosure (ELCID), and has also submitted the original report to the Securities and Exchange Commission." Signature ___________________________ ( PHIPHAT PHISANUWONGRAK ) Position _________________________ Authorized to sign on behalf of the company