To clarify the news of investment in Siam Food

Translation December 1, 2004 Subject : To clarify the news in some newspapers To : The President The Stock Exchange of Thailand According to the news in some newspapers specifying that Siam Makro Public Company Limited (Makro) has acquired Siam Food Services Limited (SFS), we would like to clarify that the Board of Directors' meeting has approved subject to shareholders meetings' approval to purchase 100% shares of SFS. The said shareholders' meeting will be held on December 29, 2004. Please be informed accordingly. Yours faithfully, Siam Makro Public Company Limited Signature (Charoen Assawajarukasem) SET Coordinator Manager