Company Limited  Land and Houses Bank Public Company Limited  Land and Houses Fund Management Company Limited  Land and Houses Securities Public Company Limited  Land and Houses Advisory Company Limited

Limited  Land and Houses Bank Public Company Limited  Land and Houses Fund Management Company Limited  Land and Houses Securities Public Company Limited  Land and Houses Advisory Company Limited On July

Management Discussion & Analysis ( - translation - ) For operating result of 4Q/2019, ended 31 December 2019 Raimon Land Plc. | 27 February 2020 1 / 7 Major Events in 4Q/2019 and January 2020

(near significant places e.g. the Plearnary Mall, Ladprao Land Office and Rattanakosin school). It is a high potential asset for developing and for sale which can increase the Subsidiary’s revenue in

total value of Baht 1,456.31 million can be summarized as follows: Asset and Capital Transaction Initial Cost (Baht million) Initial Cost (percent) 1. Land and land improvement 105.91 7.27 2. Construction

per share, total of 2,549,745 shares. The total transaction size equals 13.98 %of the asset value basis. The Company has here with attached the Information Memorandum on this matter Please be informed

total transaction size equals 14.25 % of the asset value basis. The Company has here with attached the Information Memorandum on this matter Please be informed accordingly Yours respectfully

100 baht per share, total of 1,275,255 shares. The total transaction size equals 7.13 of the asset value basis. Information Memorandum on this matter. When combined with the last transaction November 20

COMPANY LIM... GRAND CANAL LAND PUBLIC COMPANY LIMITED GRAND HOMEMART COMPANY LIMITED GRAND PRIX INTERNATIONAL PUBLIC COMPAN... GRANDE ASSET HOTELS AND PROPERTY PUBLI... GREEN RESOURCES PUBLIC COMPANY

Office ABERDEEN ASSET MANAGEMENT (THAILAND) LIMITED 179 BANGKOK CITY TOWER BUILDING,28TH FLOOR, SOUTH SATHORN ROAD, THUNG MAHA MEK, SATHON, Bangkok 10120 Tel. 0-2352-3333 Fax. 0-2352-3389 AIA COMPANY