opinion by an auditor approved by the Office, and such auditor must not be a director, staff member or employee of such securities company. The auditor of the private fund must adhere to the code of conduct

opinion by an auditor approved by the Office, and such auditor must not be a director, staff member or employee of such securities company. The auditor of the private fund must adhere to the code of conduct

(Translation) IR 003/19 February 27, 2019 President and Director The Stock Exchange of Thailand Subject : To explain the

จดหมายชี้แจงปี61e February 27, 2019 The Managing Director The Stock Exchange of Thailand Subject : Management Discussion and Analysis Ending 31 December 2018 Summary of operating result between 2018

year. Ms. Siriwan Chamnannarongsak Finance Director

to the estimation according to the policy. Please be informed accordingly. Miss Kanoknart Ratanasuwanachart Board of Director Authorized Persons to Disclose Information

. Somboon Fusriboon) Managing Director /home/nsi/Documents/MD&A/MD&A_Q1_62SET.odt

Director

0.59% in Q1/2018 to 0.45% in Q1/2019. Please be informed accordingly, Sincerely yours, Chaiyan Chakarakul Managing Director Lalin Property Public Co., Ltd.

Chamnannarongsak Finance Director