/USD 32.31 in 2018 which was 5% stronger than the THB/USD 33.93 in 2017. Exceptional Items There were no Exceptional Items in 2019, 2018 or 2017. Subsequent Event None reviewQ419.xlsx MD&A 2019 24/02

Relationship : Listed companies Seller : 1. Mr. Sawit Ketroj. Relationship : Director of Phuketfuture Development Co., Ltd. 2. Mr. Tongrob Tongshoob 3. Ms. Laddawan Suannut Relationship : None 3. The general

or 6.70%. In Q3/2017, none of the projects will be completed and handed over. It will be the income recognition of the projects that are completed in the previous period. The Company has launched one

transaction. Furthermore, such transactions should contribute the Company‘s further benefit. Opinions by the Audit Committee and/or Director significantly different from those by the Board of Directors : -None

Audit Committee and/or directors of the company which are different from those of the Board of Directors - None - The Company is confirmed that all the information in this papers are correct complete and

of the Board of Directors - None - The Company is confirmed that all the information in this papers are correct complete and carefully making respectively which is most important concerned about the

the said transaction. 8. Opinion of the Audit Committee and/or the Company's directors that is different from the opinion of the Board of Directors - None -

34.25 in 2015. Exceptional Items There were no Exceptional Items in 2017, 2016 or 2015. Subsequent Event None

than the previous year due to: the costs of domestic logistics business and dialysis manufacturing business which there had been none in 2017 due to no existence of such business; the expansion of

’ opinion - None - Please be informed accordingly, Yours respectfully, G J Steel Public Company Limited -Signature- (Miss Pannee Tanaprateepkul) Company Secretary