B--> K^* l^+ l^- decay in the two Higgs doublet model with flavor changing neutral currents

We study the decay width, forward-backward asymmetry and the longitudinal lepton polarization for the exclusive decay B --> K^* l^+ l^- in the two Higgs doublet model with three level flavor changing neutral currents (model III) and analyse the dependencies of these quantities on the the selected parameters, \xi^{U,D}, of model III including the next to leading QCD corrections. It is found that to look for charged Higgs effects, the measurements of the branching ratio, forward-backward asymmetry and the longitudinal lepton polarization for the decay B --> K^* l^+ l^- are promising.