(EXAT) by means of review and amendment of the Second Stage Expressway Agreement, the Agreement for the Extension of the Second Stage Expressway System (Sector D), and the Bang Pa-in - Pak Kret Expressway

, please contact Investor Relations Division of the Electricity Generating Public Company Limited at Tel: 662-998-5150-3 or Email: ir@egco.com Page 2 Management Discussion and Analysis 1. Power Industry and

improvements from inflation benefiting from a recovery trend in the tourism sector, despite the arrivals remaining slower than expected. Mobile industry was affected by the softened local economic activities

revenue was nearly to the previous year. For the Bang Pa-in - Pak Kret Expressway (Sector C+ ), toll revenue increased by Baht 17 Million or 5 percent due to the expansion of suburban area resulting to the

industry-wide and regular cybersecurity drills are conducted to ensure effective risk management. In addition, the conference featured a panel discussion on the topic, “Perspectives on SEC Strategic

V2 13/11/61 17:55 น. 0 V2 13/11/61 17:55 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in the Third Quarter of 2018 The Thai economy in the third

LIMITED CEYE: Chamni's Eye Public Company Limited CFRESH: SEAFRESH INDUSTRY PUBLIC COMPANY LIMITED CGD: COUNTRY GROUP DEVELOPMENT PUBLIC COMPANY LIMITED CGH: COUNTRY GROUP HOLDINGS PUBLIC COMPANY LIMITED

Limited CFARM: CHUWIT FARM (2019) PUBLIC COMPANY LIMITED CFRESH: SEAFRESH INDUSTRY PUBLIC COMPANY LIMITED CGD: COUNTRY GROUP DEVELOPMENT PUBLIC COMPANY LIMITED CGH: COUNTRY GROUP HOLDINGS PUBLIC COMPANY

1 MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2017 MD&A FY 2017 (ended 31 December 2017) 12 FEB 2018 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Thailand’s economic recovery remained on track and

industry. As well as from the supporting of the expansion of the aviation industry in the world, which is a large service sector that has continuously increased in value which as a result of the direction