Company”) would like to announce the operating results for the three-month period ended March 31, 2019, which has been reviewed by an auditor as follows: Unit: Million Baht CONSOLIDATED FINANCIAL STATEMENTS

Company Limited and its subsidiaries (“the Company”) would like to clarify herewith the operating result for Quarter 3 Ended 30 September 2019 as follows:- Financial Position As at 30 September 2019 total

company’s performance decreased Baht (8) million as the following reasons: • Total revenue decreased Baht (61) million or (14%) from Baht 433 million in Q1/2019 to Baht 382 million in Q1/2020. The main

- Translation - 13 August 2020 Subject: Management’s Discussion and Analysis for the Operating Results of the Second Quarter of 2020 Attention: The President of the Stock Exchange of Thailand Exotic

the prior year are as follows; For the year 2017 the Group reported total revenues at THB 826.7 million, decreased by THB 142.2 million or 14.7% when compared to the prior year. It mainly decreased from

quarter of 2019 per following table: (THB) Million 2Q19 2Q18 6M19 6M18 Total Revenues 128.99 126.04 261.75 268.92 Total Expenses (129.26) (112.28) (251.78) (244.51) Share of profit (loss) (13.32) 4.59 (6.37

as of second quarter of 2018 per following table: (THB) Million 2Q18 2Q17 1H18 1H17 Total Revenues 126.04 134.25 268.92 269.05 Total Expenses 112.28 120.19 244.51 244.87 Shares of Profits 4.59 11.96

of Trang Sure Co.,Ltd. amount 1,980,000 shares (Baht 10 per share) related 19.8% of total registered capital of Trang Sure Co.,Ltd. (all amount) Shares No. 1-175000, No. 180001-985000, No.1885001

Income as of third quarter of 2018 per following table: (THB) Million 3Q18 3Q17 9M18 9M17 Total Revenues 124.06 143.81 392.98 412.86 Total Expenses 120.70 128.25 365.21 373.13 Shares of Profits 6.01 13.81

October 2019, the Board of Directors meeting of LH Mall & Hotel Company Limited (“LHMH”), a subsidiary in which Land and Houses Public Company Limited (the “Company”) holds 99.99 per cent of the total share