23 May 2007

Announces dividend payment CPNRF
No. TMB./ CS./ FA. 137 /2007 22 May 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 June 8, 2007 CPNRF will pay the dividend # 1/2007 (For the period from January 1, 2007 to March 31, 2007) at the amount of 0.2044 Baht per unit on June 18, 2007. Yours sincerely, Phiphat Phisanuwongrak Authorized Signature
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