Bangkok, 2 October 2017 ? The SEC has ordered Pace Development Corporation Public Company Limited (PACE) to clarify the information regarding the company's joint venture agreement with three

course of increasing the distribution of products to cover the relevant areas in place of sales from one of the previous distributors whose distribution agreement had been terminated last year, and started

expanding distribution channel. 1.3) Revenue from selling of real estate increase 80. 83 million baht or 100% due to its subsidiaries start to recognize revenue from selling of real estate. 1.4) Revenue from

have an allowance for value of goods last year Therefore the reversal of the allowance for the value of the goods Causing the cost of sales to decrease by 4 million baht 3. The increase in distribution

- 0.02 100.00 Total net sales and service income 354.02 - 354.02 100.00 3. Distribution costs and administrative expenses increased by 70.65 percent compared to the same period last year. Because the

% 91.37 % - (2.71) 1.5 Selling and distribution expenses 42.49 MB 30.73 MB 11.76 MB 38.27 1.6 Administrative expenses 134.94 MB 146.06 MB (11.12) MB (7.61) 1.7 Finance cost 61.97 MB 50.94 MB 11.03 MB 21.65

Income 9 11 -2 -18% 19 16 3 19% Distribution costs -97 -93 4 4% -77 -84 -7 -8% Administrative expenses -139 -154 -15 -10% -113 -126 -13 -10% Finance cost - Interest expenses -11 -8 3 36% -8 -6 2 37

510 - 940 Million through the concession agreement period. Overview Operational Results In the first quarter of the year 2018, the Company had the net profit attributable to equity holders of the

operate the project and has profit as agreed during the period of agreement after Phase 2-4 start to operate water distribution. HECH would purchase more GS’s share in the future from exisiting shareholder

amount not exceeding 200 MB; totaling to not exceeding 250 MB. In order to expand investment in business concerning healthcare, esthetic, and cosmetic distribution related to core business of the Company