November 7, 2018 Re: Management Discussion and Analysis Q3/2018 To: Director and Manager of the Stock Exchange of Thailand Revenue from sales and rendering of services L&E’s consolidated revenue from

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, while showed of 22% in the same period of 2017. Excluding TBSP of 16% GP, Company’s %GP represented at 24%, 2% growth primary by higher Gross Profit of Security business in 3Q18. For 9M18, Company showed

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THB 36 mil. or 10.3% negative growth when compared to the same period of last year, primarily due to dumping price by competitors and focusing on electronic payment and number of bank branches reduction

. Such promotion strategy resulted in a continuous growth in revenue form program right of the Company. - Translation - JKN GLOBAL MEDIA PUBLIC COMPANY LIMITED Management Discussion and Analysis of the

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