inbound tourism, especially from Chinese tourists as more direct flights from China to Thailand become available and partially helped by the visa fee discount and waiver incentives during the year. 3

following prices:            (1)  the weighted average price with a further discount of not more than 10 percent*;      (2)  the book building price;       (3)  the appraisal price by the financial

, were considered connected persons of the Company and had no right to vote on this agenda. 2. Name of the connected persons and the relationship. Discount Provider : Eastern Water Resources Development

relationship. Discount Provider : Universal Utilities Public Company Limited Discount Recipient : Provincial Waterworks Authority The Relationship with the Company EASTW is the major shareholder of UU and holds

Fund Management License instead to be more in line with the actual operated business may use the remaining paid fee as a discount for the new license fee.   The consultation paper is available at https

regulations.* For example:• Shareholders’ equity falls below 50 percent of the paid-up capital with discount on share capital deducted;• Filing a rehabilitation petition under the Bankruptcy Act and the Court

wish to pursue. In such case, the paid license fee will be calculated as a discount for the new license fee. Financial institutions established under specific law are also eligible for License E and PF

offerings or determination of conversion price with discount (lower than market price) that have been applicable to domestic offerings of newly issued shares, share warrants and convertible debentures will

quarter, net interest income advanced over-quarter and over-year. Likewise, net interest margin (NIM) was stable from the previous quarter. This reflected commercial banks’ attempts to manage funding cost

and conditions stipulated under the Thai Revenue Code for the purpose of tax exemption for such transaction (the “Entire Business Transfer Transaction”). BTSG is a majority shareholder of the Company