Report of Acquistion or Disposition of Securities of MAKRO

Report of Acquisition or Disposition of Securities of Siam Makro Public Company Limited 1. Date of filing : September 4, 1997 2. The purpose of this report is (/) to comply with section 246 of the Securities and Exchange Act B.E. 2535 ( ) to correct or amend & previous report dated ..................... 3. Date of acquisition or disposition : September 4, 1997 4. This is a report of (/) an acquisition ( ) a disposition of securities of Siam Makro Public Company Limited which is (/) a company whose securities are listed on the SET ( ) a company whose securities are traded in an over-the- counter center established under section 204 (OTCC) ( ) a public limited company 5. Name of the person(s) making the acquisition (state name, current address and telephone number) Makro Holding N.V. Rilnkade 1 P.O. Box 2065 3500 GB Utrecht The Netherlanda Tel. 31-30-2338833 6. Type of securities acquired of (/) shares ( ) certificates representing the right to purchase shares exercise ratio = 1 unit :..........share(s) ( ) other securities which may be converted into shares (state type)..................... conversion ratio = 1 unit :..........share(s) 7. Number of securities acquired of 3,840,000 shares repesenting 1.6 percent of number of securities sold. 8. The acquisition item 7 was a result of (If there were more than one case applicabl. Check all cases that apply and state percentage in each case) Acquisition (/) a purchase on the Stock of Thailand (SET) ( ) a purchase in an OTCC ( ) an acquisition of shares through the exercise of warrants or conversion of rights under other securities ( ) a purchase of new shares ( ) others........................ Disposition ( ) a sale to the offer in a tender offer ( ) a sale on the SET ( ) a sale in an OTCC ( ) others ............................. In the case of a share disposition of 5 per cent more of total number of sharcs sold, state name of buycr (If known) - 9. Number of securities held after the acquisition 144,009,300 representing 60.00 percent of total number of securities sold including the 90,087,150 shares held by Makro Holding(Thanland) Ltd. 10. (In the case of acquisition) state the highest price per unit of securities paid for the acquisition during the 90 days before and including the date of acquisition in 3. Price : 65 Baht/share (which were the price of acquisition on (date) June 24 and 14 August,1997 11. Name of person filing report (state name, current address and telephone number, and whether or not the report is filed on behalf of person(s) in 5. Chavalit Uttasart for and on behalf of Makro Holding N.V. Signed Chavalit Uttasart Person filing the report NB. In case of need, please contact Mr.Chavalit Uttasart or Miss Patcharaporn Hotragul of International Legal Counsellors Thailand Ltd., at phone number 679-6005, 679-6015 and fax number 679-6041-2.