The Results of the Comsolidated Financial Statements Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation Broadcasting Corporation Public Company

Date : August 11, 2017 Subject : The Explanation to SET concerning the operating result for Q2/2017 more than 20% Attention : The Director and Manager of the Stock Exchange of Thailand For the Q2

facility : Short-term loan as promissory note with no collateral in amount of not more than THB 160 million Interest Rate : 1.75% per annum Maturity : Not more than 1 year from the transaction date Interest

Extraordinary General Meeting of Shareholders No. 1/2017, held on 31 August, 2017 as follows: 1. To consider and approve the disposition of assets. With a vote of not less than three-fourths of the shareholders

immovable property of not exceeding 3 years, and transaction relating to assets or services having transaction volume larger than Baht 1 million but less than Baht 20 million, or otherwise more than 0.03% but

Baht. 5) Objective of Transaction To preparing Working Capital for increase liquidity of business. 6) Criteria for Valuation of Transaction The company offered for sale by the price neither lower than

last year. Because cost from Townhouse, Twinhouse and Condominium more than last year and these 3 products have cost more than commercial building. Gross profit margin (Only sales of real estate) : The

172% increase from last year. Because cost from Townhouse, Twinhouse and Condominium more than last year and these 3 products have cost more than commercial building. Gross profit margin (Only sales of

) Criteria for Valuation of Transaction The company offered for sale by the price neither lower than nor significantly different from the average values of the land assessed by an independent appraiser

) million baht which decrease 19.65 million baht or (208%) by compared with the net profit at 9.46 million baht same period at last year. The changing over than 20% from the main causes as follows: 1. Revenue