ASEAN DEBT SECURITIES DISCLOSURE STANDARDS 1 แบบ 69-PRICING-FD Commercial Name of the Issuer……………………………………… Offering to…………………………………………………………………… Features of Debt Securities i.e. interest rate

based on the number of issued and paid-up ordinary shares deducted by the number of treasury share GP = Gross Profit, EBITDA = Earnings before Interest, Tax, Depreciation & Amortization, EBIT = Earnings

2017 which resulted from; Current liabilities increased Baht 1,586 million derived from:  Trade accounts payable increased Baht 805 million  Accrued interest expenses increased Baht 331 million  Other

the number of treasury stock GP = Gross Profit, EBITDA = Earnings before Interest, Tax, Depreciation & Amortization, EBIT = Earnings before Interest & Tax, NP = Net Profit after Tax, EPS = Net Earnings

65.95 67.77 -1.82 -2.7% Administrative expenses 122.77 115.49 7.28 6.3% Total expenses 2,616.41 3,065.73 -449.32 -14.7% Earning before interest and tax 159.52 253.50 -93.98 -37.1% Finance cost -3.67 -5.55

-255.22 -40.0% Selling expenses 10.96 15.50 -4.54 -29.3% Administrative expenses 27.15 36.60 -9.45 -25.8% Total expenses 421.24 690.45 -269.21 -39.0% Earning before interest and tax -4.65 34.93 -39.58

534.6% Share of profit (loss) from investment in an associate and joint ventures (50.2) (2.9%) (158.8) (13.8%) (108.6) (216.3%) Finance costs (Interest expenses) 205.5 11.7% 196.8 17.1% (8.8) (4.3

) (%) 19.75% 17.67% 2.08% Remark: * Calculated based on the number of issued and paid-up ordinary shares deducted by the number of treasury share GP = Gross Profit, EBITDA = Earnings before Interest, Tax

706.86 -211.41 -29.9% 916.54 1,397.00 -480.46 -34.4% Earning before interest and tax 26.74 43.51 -16.77 -38.5% 22.09 78.45 -56.36 -71.8% Financial expenses -0.43 -0.87 0.44 -50.6% -1.09 -2.03 0.94 -46.3

attributable to a reduction on interest expense from ABPIF compared to previous quarter.  NNP margin improved to 10.2% in Q1’2018, primarily due to improvement of our financing cost.  NNP attributable to owner