investments by the equity method while lower depreciation due to the change in estimating useful lives of assets at Dusit Thani Manila to reflect the real future economic benefits and in line with the Company’s

more flexibility in management mechanism, development and future investment. (English Translation) Page 9 3. The value of the investment in the Company will more accurately reflect the share price of

additional provision for retirement benefits, in which the total amount recorded in the consolidated financial statements approximately THB 96.8 million to reflect severance payment of 400 days of wages stated

the financial advisor who jointly prepares and certifies the Registration Statement to be appropriate and capable of making an appraisal that reflect the true value reliably and sufficiently. Such

sales to EGAT in 9M’2019 increased 6.0% y-on-y to 3.19 Baht/kWh because the energy payment is generally adjusted to reflect changes in natural gas price which increased 9.1% during the period. Electricity

of electricity sold to EGAT in 2019 increased 2.9% y-on-y to 3.16 Baht/kWh and in Q4’2019 decreased 5.2% y-on-y to 3.07 Baht/kWh because the energy payment is generally adjusted to reflect changes in

in March 2019. • Electricity price sales to EGAT increased 7.6% y-on-y in Q2’2019 and 10.2% y-on-y in 6M’2019 to 3.24 Baht/kWh because the energy payment is generally adjusted to reflect changes in

Contracts with Customers, effective on January 1, 2019 onwards, the Company has amended the recognition of revenue from food and beverages in 2019 to accurately reflect the business nature of food center

of 2018. The sales of SIM card is continuously being good and shall reflect to the benefit from revenue of SIM distribution. Besides, under the aforementioned cooperation, the sales of mobile phone

repayment of Bond in upcoming maturity which will reflect to the debt to equity ratio decreasing by year end 2017. Please be informed accordingly. Yours Faithfully, (Ms. Natha Kittiaksorn) Chief Financial