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November 14, 2019 Re: Clarification of the operating results of company and its subsidiaries for the three month period end March 31, 2019 To: President The Stock Exchange of Thailand K.C. Property

million baht while the same period last year the Company recorded sales income, in an amount of 27,372 million baht, increase of 4,352 million baht or increase by 15.90%. 2. In 2017, the Company recorded

%, compared on the same period from last year. Due to an increase of revenue from the project management from joint venture company, the property management and cleaning services which was in line หน้า 3 ของ 5

last year. Mainly from an increase of revenues from the property management and cleaning services which was in line with the increase of completed projects and including incomes from deposits (of sold

receivable increase by Baht 7.03 million Other current assets increase by Baht 12.61 million Investment in associate decrease by Baht (8.29) million Property, plant and equipment decrease by Baht (15.37

to a net profit of THB 26. 62 million or earnings per share of THB 0. 03 in 1Q2017, an increase of THB 17.86 million or 67.11%. Details were as follows: Operating results 2017 2016 Increase (Decrease

, golf cart fees and food & beverages. For the property management business, revenue also improved. (2) In this quarter, the Company recorded total costs and expenses of THB 1,243.46 million, increase by

million Investment in associate decrease by Baht (9.93) million Property, plant and equipment decrease by Baht (11.26) million Liabilities Trade and other payable increase by Baht 29.04 million Other

million baht, or 4.0% from the total revenue, an increase of 139.5 million baht, or 108.1%, compared on the same period from last year. Mainly from an increase of revenues from the property management and