15 May 2006

(Reviewed Quarter-1 F/S (F45-1)) Reports: Reviewed Quarterly Financial Statements Name CPN Retail Growth Property Fund Reviewed (In thousands) Ending 31 March Quarter 1 Year 2006 Net profit (loss) 203,538 EPS (baht) 0.1865 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 ____Senior Fund Manager_______ Authorized to sign on behalf of the company