administrative expenses were 2,042 million baht, increasing by 8% y-y, 4% q-q and represent 45% of total revenues. The expenses increase came from advertising expenses due to the continuation of Big C campaign to

บริษทั ไฮโดรเท็ค จ ำกดั (มหำชน) Method Formula Calcution Value 1.) Net Tangible Assets NTA of HSMC x Holding Percentage NTA of Company Cannot be calculated due to the HSMC will be set up on 15 July 2015 2

income decreased by 35.5% and bad debt and doubtful accounts decreased by 39.5% due to the allowances for bad debt and doubtful accounts of the bank are adequate as seen from high proportion of loan loss

from the Board of Directors and/or the Company no matter what the case due to the Company cannot issue and offer its new ordinary shares to VAVA unless deposits are demanded without interest. 8

expected to be obtained by the listed company The Company expects that the acquisition of UWT will increase the Company’s revenues in the future due to the business synergy including the growth stategy as

conditions VAVA agrees not to demand any damages or expenses from the Board of Directors and/or the Company no matter what the case due to the Company cannot issue and offer its new ordinary shares to VAVA

in volume sold decreased 11.34% from same period of previous year. 2. Construction service income for the period sharply increased due to the increased in revenue from construction service in oil and

accounts decreased by 39.5% due to the allowances for bad debt and doubtful accounts of the bank are adequate as seen from high proportion of loan loss reserves ratio is at 184.32%. Earnings per share for

shares from Hero Experience and the acquisition of shares from Travel Channel Agency, which is existing shareholder, at the different price which is higher than the par value is due to the fact that the

connected transactions relating to assets or services and regarding rental or lease of immovable property not exceeding 3 years. Due to the reasonable price and good conditions of the said connected