February 28, 2018 Subject: The clarification of the year 2017’s profit changing more than 20% Attention: The President The Stock Exchange of Thailand In 2017, Lalin Property Public Co., Ltd., shows a

year increased by Baht 679 million as compared to last year and this was mainly due to the following:  Revenue from property development operations which comprise of property sales and the sale of

. This was due to the improved performances of Banyan Tree Bangkok and Laguna Phuket hotels when compared to the same period last year.  Revenue from property development operations which comprise of

Ref. MD 115/2017 August 25, 2017 Re: Clarification on the Financial Performance of the Company and its subsidiaries as of Year 2015 Attn: President The Stock Exchange of Thailand We, K. C. Property

Banyan Tree Bangkok offset by the lower performances of Laguna Phuket hotels. • Revenue from property development operations which comprise of property sales and the sale of holiday club memberships is

million baht. Income from Property rental business plunged by 13%, from 139.2 million baht to 121.1 million baht due to the lower occupancy rate as lease for warehouse expired in Q3 2017. - Gross profit for

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