(Translation) Re: BOD.SET 014/2018 May 11, 2018 Subject: Clarification on the Change in operating results for the three month period ended March 31, 2018 over 20% compared with the same period of the

Date Month Year  October 1, 2018 - September 30, 2019 1 year period 2. Party Concerned: Tiger Distribution and Logistics Co., Ltd that has registered capital amount of Baht 20,000,000. Its core business

tons or 61% more. As a result, high utilization rate and efficiency improve in period caused lowering in overall production cost. Consequently, the gross profit margin increased from 26% to 37% in 2nd

the same period of the previous year as follows; 1. Overall operating results (Unit : 1,000 Baht) Q 2 ended 30 June % changes 2018 2017 Increase (decrease) Sales 179,969 182,629 (1.46) Total revenues

details are as follows; Operating Performance 1. Revenues Unit: Million Baht The overview of revenue for the 2nd quarter of the year 2018 by comparing to the same period of the last year, the revenue from

follows; a. Advisory fee of THB 12 million b. Commission of not exceed 1 month of rental for providing new tenants of shops and mini shops with a contract period not less than 1 year c. Commission of not

made with the connected persons and their close relatives during period 6 months is the interests amount of 61.73 million baht. Size of Transaction : 61.73 million baht/ 5,129.35 million baht Size of

persons and their close relatives during period 6 months, the detail are as follows. 5.1.1) The interests amount of 61.73 million baht Size of Transaction : 61.73 million baht/ 5,129.35 million baht Size of

the transaction. 4.1) The Connected Transaction that occurred during the period of 6 months before the date that the company renew the transaction with the person and close-relative, are as follow

theatre than last year. 1. Cost of the Production and Service Cost of Production and Service of the Company and subsidiaries for the quarter ended September 30, 2018 comparing with the same period in 2017