per share, equivalent to not less than 57.52 percent of total number of sold shares of KPN Academy, at a price of Baht 30.787 per share, equal to the total number of not less than Baht 460,182,417.60

% 652 4.2% Selling expense 11,890 18.8% 12,285 23.0% (395) (3.2%) Administrative expense 4,911 7.7% 4,043 7.6% 868 21.5% Share of profit of associates and joint ventures 79 0.1% 28 0.1% 51 185.5% Profit

314.48 341.71 (27.23) (7.97%) Earnings per share (EPS) 0.19 0.21 (0.02) (7.97%) Raw water costs 51% Tap water costs 38% Rental and services costs 6% Construction cost under Concession Agreements 5% Raw

convert convertible debentures or preferred shares which shall be subject to the provisions of the laws. In making share payment, subscribers or purchasers of shares are not allowed to set off their share

Company may convert convertible debentures or preferred shares which shall be subject to the provisions of the laws. In making share payment, subscribers or purchasers of shares are not allowed to set off

controlling power and the nature of business during the preceding year as well as the material changes in the shareholding structure, management or business operation or any other important events (e.g., merger

the Company; 1.1.2 Material changes and developments Give a brief account on the material changes and developments regarding the controlling power and the nature of business during the preceding year as

defined in the Code of Ethics for Professional Accountants which refers to businesses affiliated to Audit Firm that (a) have the intention to cooperate and (b) have a clear objective to share profits and

and (b) have a clear objective to share profits and costs and proportionate ownership, control or management power, have commons quality control system, business strategies, shared names or shared

Ltd. (3) Mr. Nuttawut Phowborom and (4) Mrs. Sangduan Ewbamrung (collectively called “Existing Shareholders”) in the number of not less than 14,947,300 shares, at a par value of Baht 10 per share