27 February 2007

No. TMB./ CS./ FA. 055 /2007 27 February 2007 President The Stock Exchange of Thailand 62 Rachadapisek Road, Bangkok 10110 Re : Scheduled closing of the registered book for transfering of CPNRF investment unit Dear Sir, The registered book of CPN Retail Growth Property Fund ( CPNRF ) investment units will be closed for transfering of the investment units of CPNRF from 12:00 PM of March 15, 2007 CPNRF will pay the dividend # 5 (For the period from October 1, 2006 to December 31, 2006 ) at the amount of 0.1880 Baht per unit on March 30, 2007. Yours sincerely, Phiphat Phisanuwongrak Authorized Signature