addition, the Group also has a net profit resulting to increase in unappropriated retained earnings. Please be informed accordingly, Yours sincerely, (Mr.Tanavijit Ankapipatchai) Director and Chief Financial

. Please be informed accordingly Your sincerely, (Prof.Dr.Chalerm Harnphanich) Chief Executive Officer

) 2058 9888 Email: ir@shotelsresorts.com Yours faithfully, S Hotels and Resorts Public Company Limited - // - (Mr. Chairath Sivapornpan) Chief Financial Officer / Company Secretary

the Net Profit attributable to Owners of the Parent by Total Revenue and Share of Profit and other income Please be informed accordingly. Sincerely, ………………………………… Mr. Natthapatt Tanboon-ek Chief

Klongwathanakith (Pongsarn Klongwathanakith) Chief Financial Officer

, up from 0.38 times as of 31 December 2016. Yours sincerely, Pongsarn Klongwathanakith (Pongsarn Klongwathanakith) Chief Financial Officer

2,200 mm. Please be informed accordingly. Sincerely yours, (Mr. Arttavit Chalermsaphayakorn) Chief Financial Officer FINANCIAL PERFORMANCE Cash flow analysis

and Exchange Commission and the SET. Please be informed accordingly. Sincerely Yours, Cholapan Vongsing (Mr. Cholapan Vongsing) Chief Financial Officer

equity was 0.80 times, up from 0.38 times as of 31 December 2016. Yours sincerely, Pongsarn Klongwathanakith (Pongsarn Klongwathanakith) Chief Financial Officer

Adhyanasakul - _______________________ Mr. Chainid Adhyanasakul Chief Executive Officer m/set/weretail_bdm 5-60 related (eng).doc Encloser Page 1 Information Memorandum on a Connected Transaction of We Retail