The Stock Exchange of Thailand Reference: 1. Information Memorandum on the Issuance and Offering of the Newly Issued Shares through Private Placement (PP) of Safari World Public Company Limited 2

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE UNREVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE FIRST QUARTER ENDED

(THIS REPORT DISCUSSES PRINCIPAL CHANGES ON THE REVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE FIRST QUARTER ENDED 31

(THIS REPORT DISCUSSES PRINCIPAL CHANGES TO THE REVIEWED CONSOLIDATED FINANCIAL STATEMENT) LH FINANCIAL GROUP PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE FIRST QUARTER ENDED 31

concerning Investment of Funds; “business day” means a day on which management companies are open for normal business; “Stock Exchange” means the Stock Exchange of Thailand; “provident fund with multiple

15%, chiefly from the company’s stock management in preparation for the refinery’s turnaround maintenance, under the intensifying competition situation in the industrial market. While in the late of Q1

came from the provision for damage of missing stock recorded in the 3rd quarter of 2017.  Financial costs Consolidated financial costs for the 3rd quarter of 2017 and 2016 amounting to THB 249 million

lower by 827.3 million baht due to changes in market value of the available for sale investment in securities. Shareholders’ Equity Unit: million baht As at June 30,2017 As at December 31, 2016 Variance

liabilities arising from finance lease of aircrafts to increase by 482.3 million baht.  Deferred tax liabilities lower by 583.3 million baht due to changes in market value of the available for sale investment

196 +2% Deduct: Treasury stock (114) 0 - Total equity of parent Company's shareholders 1,422 1,612 -12% Non-controlling interests 49 0 - Total Shareholders' Equity 1,472 1,612 -9% Total Liabilities and