land purchase agreement on 15 November 2017 and and expects to complete the land transfer registration process by 28 February 2018 Objective of the Transaction : To acquire the property for factory

condition : In case the property’ s area is different from the area specified in the agreement, the amount of payment increase/decrease The purchase agreement contains a condition allowing that, in case of a

and signing arrangements. Type and Total Value of : This is a real property lease for not over 3 years. Upon calculation of the value of the connected transaction through the term of the agreement

31 2018 2017 Increase(decrease) Producer and distributor of ready-to-drink milk, drinks and fruit juices 167.60 107.52 60.08 Immovable property business 4.66 2.72 1.94 Agriculture and dairy farm 17.38

107.52 104.45 3.07 Immovable property business 2.72 3.17 (0.45) Agriculture and dairy farm 10.14 12.66 (2.52) Total 120.38 120.28 0.10 - Business distributor of ready-to-drink milk, drinks and fruit juices

fruit juices 507.48 423.33 84.15 Immovable property business 13.77 12.50 1.27 Agriculture and dairy farm 43.45 41.41 2.04 Total 564.70 477.24 87.46 - Business distributor of ready-to-drink milk, drinks

Development Private Limited (the "Developer") ("Marketing Support Service Agreement"). The Developer is a subsidiary of Singha Property Management Company Limited ("SPM"). SPM indirectly holds 95 percent of

completion, including but not limited to negotiations, amendment of the contents in the draft agreement and signing arrangements. 4 Type and Total Value of Transaction : This is a real property lease for not

construction Baht 8,676.42 million Baht 8,356.43 million Baht 319.99 million 3.83 1.2 Cost of construction 93.61 % 94.30 % - (0.73) 1.3 Sales and service income - Property development - Concrete products and

and service income - Property development - Concrete products and others Baht 105.31 million Baht 193.85 million Baht (88.74) million (45.67) Baht 121.40 million Baht 81.17 million Baht 40.23 million