operations and as the Company repaid the long-term loan in advance. As of 30 June 2017, Net Interest-bearing Debt to Equity improved from 0.45 to 0.37 times as a result of lower debts and higher equity

35.45THB/USD in Q2 2016 to 34.41THB/USD in Q2 2017. The average market premium of Q2 2017 remained high at the same level of 2016. To compensate the ceasing of the zinc operations, the company, in Q2 2017

Ref No. CC20170803ELE August 10, 2017 Re: Clarification of the changes in operation performance for the second quarter and the first half ended June 30, 2017 Attn: The President The Stock Exchange of

% Administrative expenses -97 -136 -39 -29% -78 -111 -33 -30% Directors' s Remuneration -2 -2 0 0% -2 -2 0 0% Management's Remuneration -14 -14 0 0% -13 -13 0 0% Finance cost - Interest expenses -8 -7 1 14% -5 -5 0

financial statements show the results of operations for the three months ended June 30, 2017, the net profit was 24.27 million baht when compared to the same period of the previous year. The net profit grew

of Capital Flow The Company will use its excess cash flow for this acquisition and still have adequate working capital for its ongoing operations. 8. Opinion of the Board of Directors on the

adequate working capital for its ongoing operations. 8. Opinion of the Board of Directors on the Transaction The Board of Directors’ Meeting No.3/2017 held on 24 August 2017 considered the Transaction as

No.IFEC/SorNorBor/2017/0051 August 25, 2017 Subject: Submission of operation results for the year of 2016 and clarification. To: President The Stock Exchange of Thailand Inter Far East Energy

year 2014 and vary from the increased of revenue from property sales as detailed shown in the below table of revenue from business operations performance. Particulars Year 2015 Year 2014 increase

2016 to Bt6,909 million as of September 30, 2017; short-term debt as well as the long term loan decreased due to increased cash flow from operations and as the Company repaid the long-term loan in